Qualcomm deal with Amazon Web Services targets AI data center foothold
RBC Capital Markets says Qualcomm’s NASDAQ:QCOM deal with Amazon Web Services NASDAQ:AMZN lets it establish a “foothold” in data center AI. The agreement includes Amazon purchasing Qualcomm server chip products and technology.
Qualcomm’s deal with Amazon Web Services lets the San Diego-based semiconductor company gain a foothold in the important data center AI segment, RBC Capital Markets said. Under the agreement, Amazon will buy Qualcomm’s server chip products and technology.