Qualcomm signs a deal with Amazon to provide "multiple generations of customized silicon" to help build AWS' AI infrastructure; QCOM jumps 6%+ (Ari Levy/CNBC)

Qualcomm has entered a partnership with Amazon Web Services to supply multiple generations of custom silicon designed to power AWS’s AI infrastructure. The agreement aims to integrate Qualcomm’s processors into Amazon’s cloud services, and the news sent Qualcomm’s shares up more than 6%.