Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud
CNBC
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Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
Snowflake Soars on $6B Amazon Deal
- Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth MarketWatch —
- In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips Techcrunch —
- Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal GeekWire —
- 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 —