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Aditya Raghunath

Qualcomm Stock Spikes as It Bags Massive Data Center Deal With Amazon

Qualcomm Amazon Akash Palkhiwala QCOM AWS Memory

Earlier this week, Qualcomm (QCOM) landed one of the biggest deals in its history, and Wall Street noticed right away. The company announced a multi-generation partnership with Amazon (AMZN) on Sept. 8, according to a company statement. The deal covers custom chips for AI data centers and new optical connectivity technology.

Qualcomm's stock climbed on the news as investors welcomed proof that the company's push into data centers is finally paying off. Valued at a market cap of $188 billion, the smartphone chipmaker has returned 280% to shareholders in dividend-adjusted gains. However, it also still trades 30% below all-time highs.

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Top stories on inkl right now

Mississippi Cop Who Shot 1-Year-Old Kohen Wiley Resigns After State Calls Shooting 'Justified'

Mississippi Cop Who Shot 1-Year-Old Kohen Wiley Resigns After State Calls Shooting 'Justified'

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Severe flooding in the Four Corners region triggers rooftop rescues and evacuation orders

Severe flooding in the Four Corners region triggers rooftop rescues and evacuation orders

Severe flooding in the Four Corners region has led to water rescues and impassable roads

The Independent UK

DOJ sues to prevent Sullivan loss in Alaska - Roll Call

DOJ sues to prevent Sullivan loss in Alaska - Roll Call

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Trump again invokes claim he has the ‘right’ to run for third term as president

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US constitution unequivocally states that he can’t campaign again, which the president also seems to acknowledge

The Guardian - US

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Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

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Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

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A Metropolitan Police detective who was raped by former Scotland Yard officer David Carrick has called for commissioner Sir Mark Rowley to resign, saying the force’s handling of her subsequent legal battle was “like being raped all over again”.

The Times of India

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Top stories on inkl right now

Mississippi Cop Who Shot 1-Year-Old Kohen Wiley Resigns After State Calls Shooting 'Justified'

Mississippi Cop Who Shot 1-Year-Old Kohen Wiley Resigns After State Calls Shooting 'Justified'

The resignation comes after the release of bodycam footage that raised questions about the police's handling of the incident.

Severe flooding in the Four Corners region triggers rooftop rescues and evacuation orders

Severe flooding in the Four Corners region triggers rooftop rescues and evacuation orders

Severe flooding in the Four Corners region has led to water rescues and impassable roads

The Independent UK

DOJ sues to prevent Sullivan loss in Alaska - Roll Call

DOJ sues to prevent Sullivan loss in Alaska - Roll Call

The DOJ has moved in federal court to preemptively block a narrow loss by GOP Sen. Dan S. Sullivan if he comes up short on Election Day.

Trump again invokes claim he has the ‘right’ to run for third term as president

Trump again invokes claim he has the ‘right’ to run for third term as president

US constitution unequivocally states that he can’t campaign again, which the president also seems to acknowledge

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

New exploratory Xocova data from IDWeek suggest fewer severe symptoms in breakthrough COVID cases. What households should know about the limits and cost.

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

A Metropolitan Police detective who was raped by former Scotland Yard officer David Carrick has called for commissioner Sir Mark Rowley to resign, saying the force’s handling of her subsequent legal battle was “like being raped all over again”.

The Times of India

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Raw vs fresh: Is this brand's 'Michelin Dog Star' food worth the hype?

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International Business Times UK

'We're Disgusted': Ethan Klein Dropped by H3 Podcast After Hila Klein Reveals Cheating Allegations

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Pitbull has finally explained the viral 2011 photo of himself and Jennifer Lopez, but his cheeky confession has left some people wishing he had kept the story to himself.

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