Qualcomm CFO on Amazon AI Deal, Data Center Strategy
Qualcomm's CFO Akash Palkhiwala announced a long-term strategic engagement with Amazon Web Services to create custom AI chips, projecting $60 billion in revenue over ten years. The deal includes multiple generations of custom chip development and optical connectivity solutions. Palkhiwala highlighted that this partnership is foundational for Qualcomm's data center business and supports its 2027 revenue forecasts.
This deal significantly expands Qualcomm's presence in the AI data center market, positioning it as a key player by leveraging its strengths in high-performance, low-power chip design to meet growing demand for efficient AI processing.
The interview also touched on Qualcomm's engagements with other hyperscalers, its HPC technology for AI acceleration, the potential impact of tariffs, and the evolution of smartphones and edge devices with AI integration.
