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AI infrastructure stocks rally on deal announcements from Qualcomm, Corning

Summary by CNBC
Shares of Qualcom, Corning, Intel, Advanced Micro Devices and others tied to the AI infrastructure trade popped on Tuesday.

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Lean Right

Following the announcement of a large-scale AI infrastructure contract by Qualcomm and Corning, the stock prices of related companies such as Intel, AMD, and HPE surged in tandem. The AI data center market is expanding across the entire infrastructure spectrum, including servers and fiber optics, and the market is projected to reach $3 trillion by 2030. However, opposition from local residents and environmental concerns regarding data center con…

Qualcomm and Corning announce billionaire partnerships with Amazon and Verizon and raise AI infrastructure shares on Wall Street

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, September 8, 2026.
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