Qualcomm, Amazon Partner on Custom AI Silicon and 1.6Tbps Optical Links
QCOM sits 44% above its 52-week low of $121.99.
Summary
Qualcomm and Amazon announced a collaboration to develop custom silicon and high-bandwidth optical interconnectivity for Amazon's AI data centers. The deal includes optical connectivity up to 1.6 terabits per second using Qualcomm's SerDes and optical DSP technologies. Qualcomm will also expand its use of AWS and Amazon Bedrock for EDA workloads to reduce chip design cycles. Qualcomm shares rose 6.6% to $179.36 on the news. This partnership strengthens Qualcomm's position in AI infrastructure and deepens its relationship with a major hyperscaler.
At the time of this announcement, QCOM was trading at $176.25 on NASDAQ in the Technology sector, with a market capitalization of approximately $185.1B. The 52-week trading range was $121.99 to $259.92. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.