Qualcomm Issues Amazon Warrants For $4 Billion In Stock As Part Of AI Infrastructure Deal
Deals·1 article across 1 outlet
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Qualcomm is trying to move into the data center business, where Nvidia has been the dominant player in the AI boom.
As part of this strategy, Qualcomm has issued warrants to Amazon to acquire $4 billion worth of its stock.
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“Qualcomm is trying to move into the data center business, where Nvidia has been the dominant player in the AI boom.”
CNBC — Qualcomm issues Amazon warrants to acquire $4 billion worth of chipmaker's stock as part of AI infrastructure deal