Economic Times16 September 2026

Amazon AI chip deal gives Qualcomm stock a boost

Amazon AI chip deal gives Qualcomm stock a boost

Qualcomm shares climbed after the chipmaker announced a multi-generational AI data-centre collaboration with Amazon. The deal strengthens Qualcomm’s diversification beyond smartphones, with the company targeting significant data-centre revenue growth through AI chips and connecti

Qualcomm shares climbed after the chipmaker announced a multi-generational AI data-centre collaboration with Amazon. The deal strengthens Qualcomm’s diversification beyond smartphones, with the company targeting significant data-centre revenue growth through AI chips and connectivity solutions.

Original Feed Source

Economic Times Markets

Read full story on ET