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Analyst flags Amazon AI deal as shifting Qualcomm’s outlook

Analysts said Qualcomm’s AI chip deal with Amazon.com signals entry into the data center market and substantially reshapes its financial outlook.

QCOM

com, Inc. marks the chipmaker’s move into the data center market and materially changes its financial outlook, analysts said. “We have long said Qualcomm can be a massive beneficiary of its data center expansion and this deal alone com…”