The startup's valuation is up fivefold since February as investors back alternatives to Nvidia, but its next chip won't reach production until the second half of 2027.
Qualcomm will co-design several generations of inference silicon for AWS, and Amazon earns the right to buy up to 25 million Qualcomm shares at $161.26 each as its spending climbs.
The refreshed small Surfaces drop 8GB models, add a 5G Pro option for business buyers and promise faster on-device AI, and Microsoft's Surface chief says they are not branded Copilot+ PCs.
