Qualcomm and Amazon Web Services announced a multi-generation collaboration on September 8, 2026, covering customized silicon for AI inference and optical connectivity reaching up to 1.6 terabits per second. Qualcomm issued warrants letting Amazon acquire 25 million shares at $161.26 each, worth roughly $4 billion, tied to up to $60 billion in server chip and technology purchases. The deal positions AWS as one of Qualcomm’s hyperscaler custom-silicon customers and aligns with Qualcomm’s $15 billion fiscal 2029 data center revenue target.