Qualcomm and Amazon Forge AI Chip Alliance | Raleigh News
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Qualcomm and Amazon Forge AI Chip Alliance | Raleigh News
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Qualcomm just pulled off a massive win with Amazon, locking in a multi-year deal for custom AI inference chips and next-gen optical networking gear—directly challenging Broadcom and Marvell. The twist? Amazon gets a $4 billion warrant to buy 25 million Qualcomm shares, tying their fortunes to Qualcomm’s stock until 2036. Meanwhile, Qualcomm is using AWS to accelerate its own chip design—and it’s betting big on the exploding AI chip market, aiming for $15B+ in data center revenue by 2029. With Apple’s modem contract ending soon, this move could be Qualcomm’s lifeline. And yes, there’s another unnamed hyperscaler deal brewing—same playbook: equity, long-term supply, and a future built on shared success.
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