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Qualcomm pushing into asic design is the right move. They have the IP for it and more importantly...
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Qualcomm ($QCOM) and Amazon have announced a multi-generational collaboration to develop customized silicon for AWS AI infrastructure, initially focusing on large-scale AI inference. The partnership will also involve working on advanced optical connectivity for data centers and expanding Qualcomm's use of AWS AI infrastructure for chip-design and EDA workloads.

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head of risk @thru_xyz.