Changes in US stocks | AI chip cooperation agreement reached with Amazon Qualcomm (QCOM.US) opened and rose nearly 8%

The Zhitong Finance App learned that on Tuesday, Qualcomm (QCOM.US) opened and rose nearly 8%, the biggest increase since August 4. It is now reported at $181.67. According to the news, Qualcomm and Amazon announced the establishment of a multi-generational product partnership to jointly develop customized chips and optical connectivity solutions for next-generation AI data centers, and simultaneously disclose a sizeable equity incentive arrangement. The cooperation covers various aspects such as customized AI inference chips, optical interconnection solutions supporting up to 1.6T, and Qualcomm's expansion of electronic design automation (EDA) workloads on the AWS platform, marking that Qualcomm is accelerating its expansion from mobile to AI infrastructure.

Under the agreement, Qualcomm will issue warrants to Amazon, granting it the right to purchase up to 25 million shares of Qualcomm's common stock at an exercise price of $161.26 per share. The ownership of the warrants is directly linked to Amazon's actual procurement of Qualcomm server chip products, with a purchase limit of 60 billion US dollars — this arrangement deeply binds the commercial interests of the two companies and provides investors with a quantitative reference to measure the potential scale of cooperation. The partnership was announced on September 8, 2026. After the announcement, the market will re-evaluate Qualcomm's layout in the AI data center market.