Qualcomm to develop SI chips for Amazon — shares jump 10%
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
Another major chipmaker is entering the market for SI data center hardware — competition with Nvidia is growing, and compute for SI will eventually become cheaper.
The companies agreed on multi-year joint development of several generations of specialized chips for SI inference and optical interconnects of up to 1.6 Tbit/s for AWS data centers. Amazon received a warrant to buy up to 25 million Qualcomm shares at $161.26, and Qualcomm will expand its use of AWS for chip design. After the announcement, Qualcomm shares rose about 10% on trading volume 9.3 times the average.
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