The deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion that vest with product purchases and allow the cloud giant to buy shares at a fixed price of $161.26 apiece, according to a regulatory filing.

Qualcomm announces a multi-generational product partnership with Amazon, expanding its push beyond smartphones toward AI infrastructure and

Qualcomm is trying to move into the data center business, where Nvidia has been the dominant player in the AI boom.

Multi-generation chip collab is more buzzwords than compute

Qualcomm inks AI chip, optical networking deal with Amazon - SiliconANGLE