QCOM's Amazon AI infrastructure partnership is a strong move given Amazon's spending, despite vague details and no addition to current year revenue expectations.

We had Qualcomm. Qualcomm rose by approximately 3% during the day. The price was much higher earlier. We saw a slight decline during the rest of the day after the opening, but Qualcomm announced a multi-generational collaboration with Amazon to build next-generation AI data center infrastructure. This was originally a great source of excitement for Qualcomm, because it meant: "Hey, Qualcomm is achieving more victories in the field of artificial intelligence." Unfortunately, I believe it was announced during the conference that this will not add to the $5 billion in revenue they expect from data centers this year. Yes, this remains within the expected range. This will be one of those customers who were part of it. Today's day was like an advertisement for clients. Now, being Amazon, I think this is great news, right? Amazon is a major spender on artificial intelligence. We know they will spend lavishly on capital expenditures, and any partnership with Amazon, in my opinion, is of great importance. So, very positive news overall for Qualcomm. I think the details of the inside deal are still a bit vague. We don't have much information to give an actual reaction to the deal itself, but overall, having Amazon as a partner is a strong move, and they still have another huge cloud provider as well. I think they have a deal with him for this year. Therefore, it appears that Qualcomm will offer some kind of connectivity licensing solution to help with Amazon's AI infrastructure solutions.