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Amazon and Qualcomm sign $60 billion AI hardware pact

By Tech Desk · 2026-09-09 · Updated 2026-09-10 02:01 UTC
A close-up view of intricate circuit board traces and microchips
Illustration: Tradingbird

Amazon and Qualcomm have finalized a $60 billion AI hardware partnership that serves as a critical pivot for Qualcomm away from its reliance on smartphone chips, particularly as Apple develops its own modem technology. This deal, which includes equity warrants for Amazon, positions Qualcomm to meet its 2029 data center revenue goals by providing efficient AI inference infrastructure and high-speed optical connectivity to hyperscalers.

  • According to GN technics/mobile (en-US), Qualcomm aims to hit $15 billion in annual data center revenue by 2029, a target that appears significantly more attainable with Amazon's potential $60 billion commitment. The partnership also includes optical connectivity tech supporting 1.6 terabits per second, highlighting a strategy focused on AI inference efficiency rather than merely competing with Nvidia on raw power.

    Source: GN technics/mobile (en-US)

  • A massive new partnership aims to solve the energy crisis facing data centers by focusing on efficient AI processing rather than raw power.

    Source: GN technics/hardware (en-US)
Based on reporting by GN technics/hardware (en-US) and GN technics/mobile (en-US), compiled by the Tradingbird desk.

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