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Qualcomm rises nearly 10% in pre-market trading, as it reaches a multi-generation product cooperation agreement with Amazon.

BlockBeats News, September 8 - According to BIT (bit.com) market data, Qualcomm (QCOM.O) surged nearly 10% in pre-market trading today after announcing a multi-generational collaboration agreement with Amazon aimed at mass-producing custom chips for large-scale AI data centers, with both parties jointly advancing AI inference technology.


Qualcomm will provide Amazon with warrants for up to 25 million shares. Qualcomm and Amazon are developing optical interconnect solutions with transmission speeds reaching 1.6T.

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