Qualcomm and Amazon tie a custom-chip partnership to equity incentives.

Qualcomm and Amazon announced a multi-generation collaboration on custom AI silicon for AWS. TNW reports that Amazon received warrants to buy 25 million Qualcomm shares at $161.26 each, with vesting tied to commercial arrangements and purchases.

The work covers AI inference and optical connectivity. The reported purchase-linked figure of up to $60 billion describes potential business tied to the arrangement, not revenue already booked or an unconditional order. Qualcomm’s own announcement confirms the product collaboration.