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Qualcomm Lands Up to $60B Amazon AI Chip Deal as QCOM Stock Rises

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Qualcomm shares rose more than 5% after Amazon received a warrant tied to up to $60 billion in Qualcomm purchases for AWS AI data-center work.

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Qualcomm shares rose more than 5% after Amazon received a warrant tied to up to $60 billion in Qualcomm purchases for AWS AI data-center work.