Amazon Plans $60 Billion Chip Purchase, Acquires Stake in Qualcomm

San Diego, CA, September 8, 2026 —

Amazon has announced plans to purchase $60 billion worth of chips from Qualcomm, a San Diego-based technology company. In conjunction with this significant chip acquisition, Amazon is also acquiring a stake in Qualcomm.

The agreement involves a substantial financial commitment from Amazon, with the e-commerce and cloud computing giant agreeing to a $60 billion purchase of semiconductors. Specific details regarding the types of chips involved and the timeline for these purchases were not immediately available. Qualcomm, known for its mobile technology and chip design, will be a key supplier for Amazon’s future needs.

The transaction also includes Amazon taking an equity stake in Qualcomm. The exact percentage or value of this stake was not disclosed in the initial announcement. This dual move suggests a deepening strategic relationship between the two companies, potentially impacting Amazon’s hardware development and cloud infrastructure, while providing Qualcomm with a major, long-term customer.

Further information regarding the implications of this deal for both companies’ operations, market strategies, and future product development is anticipated.

Story summarized from the original created by Google News on news.google.com, see more information here.