Tag: offers right
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Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stock
Sept 8 : Qualcomm on Tuesday reached a deal to develop custom chips with Amazon for AI data centers, giving it the right to acquire about $4 billion in shares in exchange for $60 billion in business with the chipmaker.As part of the deal, Qualcomm has granted Amazon a warrant that could allow it to…
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