Intel, Qualcomm, Marvell, and Amazon are collaborating to develop custom AI chips, leading to stock jumps.

The entities involved

• Intel →

  American multinational technology company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Qualcomm →

  American global semiconductor company

  • Talks regarding potential acquisition of AI-chip startup Tenstorrent involving Qualcomm.Mon 10:59
  • Norges Bank bought a new position in Qualcomm shares, coinciding with buy ratings and price targets from TD Cowen, reported by MarketBeat.Mon 06:47
• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10

Related events

• Marvell Technology is seeing business upside as Amazon and Google utilize its custom AI chips, while market factors like FED signals and JPMorgan interest are monitored.Jun 7
• Amazon and AWS are key players in the AI infrastructure build-out, utilizing TSMC chips.Sep 14
• Intel is involved in the AI chip industry alongside another company, fitting into the broader ecosystem of key players.Jun 7
• Reuters reports on Alibaba's large stock sale, noting both Alibaba and Intel as major players in AI infrastructure.Aug 25
• 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.Sep 9