Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stock

Technology

Qualcomm Strikes Ai Chip Deal With Amazon, Offers Right To Buy About $4 Billion In Stock

By Reuters

The deal highlights intertwined financing in the AI boom, with Qualcomm granting warrants worth about $4 ​billion that vest with product purchases and allow the cloud giant to buy shares at $161.26 a share, according ​to a regulatory filing. Sign up ...Read more

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