BullishMEDIUM severityTech & AI1h ago

Qualcomm issues Amazon warrants to acquire $4 billion worth of chipmaker's stock as part of AI infrastructure deal

Reported by CNBC · cnbc.com ·

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

Story context

What to watch: NVIDIA Corp. (NVDA, AMZN, QCOM) is involved in M&A activity valued around $4 billion — deal terms and financing structure matter more than the headline here.

Amount
$4 billion

Latest session change: $NVDA -1.51%, $AMZN -0.66%, $QCOM +4.55%

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