Qualcomm Shares Climb on Amazon AI Infrastructure Deal

Insight summary

• •Qualcomm shares rose about 3% after announcing a partnership with Amazon.
• •The collaboration focuses on customized silicon and optical connectivity for AI data centers.
• •They are working on optical connectivity solutions up to 1.6 terabits and future-generation tech.
• •Qualcomm aims to advance data center infrastructure computing and connectivity for AI demand.
• •Qualcomm shares returned to positive territory for the year following the news.
• •Amazon shares fell slightly but remain up about 11% for 2026.