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Qualcomm Surges 9% on Amazon AI Data Center Partnership

Published: Updated: By 24TopNews Editorial Desk

Qualcomm shares jumped over 9% in premarket trading after the company announced a multi-generation collaboration with Amazon to build next-generation AI data center infrastructure. The partnership underscores Qualcomm's push into the AI hardware space beyond mobile chips.

Qualcomm's US-listed shares rallied in premarket trading, climbing more than 9%. The move came after the company announced a multi-generation product collaboration with Amazon to jointly develop next-generation artificial intelligence data center infrastructure.