Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth
Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS.
Snowflake Soars on $6B Amazon Deal
- Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal GeekWire —
- Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud CNBC —
- In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips Techcrunch —
- Snowflake skyrockets after Q1 report features Natoma acquisition and AWS deal Seeking Alpha —
- Snowflake raises annual product revenue forecast, strikes $6 billion AWS deal - Reuters Reuters —