Qualcomm expects to book Amazon-related revenue from its fiscal first quarter. The deal covers AI processors and connectivity chips. Qualcomm is confident of hitting its $5 billion data-center revenue target for fiscal 2027. Shares closed 3.2% higher at $174.09.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.