Amazon partners with Qualcomm on custom AI chips, while AT&T becomes a major customer for Amazon Leo. Amazon is also diversifying away from Nvidia.

The entities involved

• Amazon.com, Inc. →
  • Raymond James Financial reaffirmed its outperformance rating for Amazon.com, Inc. on October 25, 2026.Mon 07:55
• Qualcomm →

  American global semiconductor company

  • Pricing pressure from memory shortages is causing revenue and pricing issues for both Micron Technology and Qualcomm.Sat 00:51
  • Qualcomm expands partnerships for Snapdragon Digital Chassis and secures AI chip deals, while Morgan Stanley adjusts its rating coverage.Sat 00:46
• AT&T →

  American multinational conglomerate

  • An analyst noted a strategy aimed at pressuring the Big Three companies.Sat 00:23
  • The spectrum deal between EchoStar and AT&T is impacting AT&T's financial leverage.Fri 21:21

Related events

• Both Qualcomm and eBay are reducing their workforce due to the ongoing adoption of Artificial Intelligence.Oct 22
• Qualcomm and Infineon collaborated on developing central computer systems for vehicles.Tue 10:29
• Inseego Corp acquired the FastMile portfolio from Nokia and is a strategic OEM of Qualcomm.Oct 13