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Qualcomm stock surges 9.5% on Amazon AI deal and 25M-share warrant

  • Qualcomm stock surged after an Amazon AI deal and share warrant.
  • 9.5% was the reported increase in Qualcomm’s stock price.
  • The warrant covers 25 million Qualcomm shares, according to the report.

Qualcomm stock surged 9.5% after an Amazon artificial-intelligence (AI) deal was linked to a warrant covering 25 million shares.

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