Qualcomm Rises 5% on Multi-Generation Amazon AI Silicon Deal; Broadcom Ticks Up, Amazon Holds Flat

A multi-generation AI silicon supply deal is powering Qualcomm (NASDAQ:QCOM) shares in Tuesday morning trading, handing the chipmaker a marquee data-center credential well outside its handset franchise. The counterparty is Amazon (NASDAQ:AMZN), whose AWS unit will co-develop customized silicon at scale with Qualcomm for large-scale AI inference workloads. The reaction reads squarely as a Qualcomm […]