On September 8, Qualcomm rose 6.84% in regular trading, trading at $180.525/share, with turnover of $668 million. The stock had surged as much as 10% in pre-market trading before settling into regular session gains.

On the news front, Qualcomm announced a multi-generational strategic partnership with Amazon to jointly develop custom AI inference chips and optical interconnect solutions with speeds reaching 1.6T and beyond, targeting the rapidly expanding AI infrastructure demands of AWS. To deepen the alignment of interests, Qualcomm issued up to 25 million warrants to an Amazon affiliate at an exercise price of $161.26 per share, with 3.75 million vesting immediately upon issuance and the warrants expiring in 2036.

The partnership marks a significant expansion of Qualcomm's footprint into the large-scale AI data center market, an area previously dominated by other chipmakers. Additionally, Intel's planned 10% PC CPU price hike in October is expected to open market opportunities for Qualcomm in IPC, edge computing, and IoT segments. Qualcomm itself has already implemented double-digit chip price increases effective September 1 to offset supply chain cost pressures and improve margins, while its automotive business revenue share has risen to approximately 14.2%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)