AMZP
24.6600.08%
Before the Snapdragon Summit kicks off, worth flagging what's floating around this week. Reports say Amazon is weighing up to $60B in AI chip purchases plus $4B in warrants tied to Qualcomm. That would be QCOM's largest disclosed AI infrastructure commitment to date, and the warrant structure looks similar to what AMD did with OpenAI, giving Amazon upside if the stock re-rates. Neither company has confirmed it yet though, so I'm treating it as a rumor until there's an actual filing or earnings call mention. Watching for confirmation over the next few sessions.
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