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Business

Qualcomm and Amazon Strike $60 Billion Multi-Generational AI Chip Partnership

Landmark contract to co-develop custom data center processors coincides with copper prices reaching an all-time record of $14,779 per tonne on LME.

Global Tech Business

September 11, 2026• 4 min read

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Qualcomm and Amazon Strike $60 Billion Multi-Generational AI Chip Partnership - Greenline News

San Jose / Seattle: Qualcomm and Amazon have formalized a $60 billion multi-generational procurement alliance to co-develop custom AI processors, as global hyperscaler capex expectations hit $940 billion.