@RecentlyTrain484 1 week ago
Qualcomm just got a major AI deal
Qualcomm just got a major AI deal
jumped around 5.6% after announcing a partnership with to develop custom chips for large scale AI data centers. The deal could involve up to $60 billion in potential revenue. Qualcomm giving Amazon a warrant for up to 25 million shares also makes this partnership much more interesting than a normal supply agreement.
@EmmaStone 1 week ago
Qualcomm’s AI push is getting a lot more interesting. A potential $60B revenue opportunity and a 25M-share warrant tied to Amazon make this look like more than just another chip deal. Big move for Qualcomm.
@Nathan956 1 week ago
Yeah, I can see the appeal. An energy ETF spreads the risk across several companies, so you still get exposure to rising power demand without relying on one stock getting the story right.
