New Delhi, Sept. 8 -- Qualcomm Technologies and Amazon Web Services (AWS) have announced a multi-generation collaboration to develop customised silicon for large-scale AI data centres, with a focus on AI inference and high-performance connectivity. Qualcomm said on Tuesday it had issued a warrant to Amazon, giving it the right to buy an about $4 billion stake, as part of a collaboration to develop custom chips for AI data centers.

Qualcomm shares jumped about 10% on Tuesday (8 September) following the announcement, as investors responded to the chipmaker's expanded push into data centre infrastructure.

Qualcomm has traditionally been associated with processors used in smartphones and other mobile devices. That began to change in June, w...