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Qualcomm teams up with AWS to build AI infrastructure for inference, shares surge

Qualcomm shares rose 10 percent on Sept. 8 after it announced a data centre infrastructure partnership with Amazon Web Services. Qualcomm will work with AWS to develop custom silicon to build infrastructure optimised for AI inference, CNBC reported. Qualcomm said it will combine AWS AI infrastructure with its low-power processing, chip design and system-level integration capabilities to respond to fast-growing demand for efficient computing, storage, networking, memory bandwidth and power use.