Massive $60B Chip Contract
Amazon is committing to a massive $60 billion hardware deal with Qualcomm for custom AI data center chips. Here is what both giants get out of this partnership.
What the video says
Amazon must buy $60 billion of Qualcomm hardware. This massive target is part of a new contract for Qualcomm to supply Amazon with AI chips and networking hardware.
The two giants will co-develop custom silicon for large-scale AI data centers. In exchange, a stock warrant lets Amazon buy up to 25 million Qualcomm shares, worth $4 billion.