Snowflake and Amazon Web Services have signed a five-year, $6 billion agreement to supply Snowflake with AI computing chips, according to multiple reports. The deal centers on “agentic computing” hardware from AWS, with Snowflake using the chips for AI workloads running in the cloud. The agreement positions Snowflake as a major AWS customer for CPU-based computing, joining other large customers cited by outlets, including Apple and Meta.
Financial coverage notes that Snowflake shares rise sharply after the deal is disclosed, with one report citing a 30% jump following the close. The reporting also frames the agreement as part of broader competitive dynamics in the AI chip market, where Nvidia remains a key supplier for many AI deployments. In the articles, Amazon’s arrangement with Snowflake is presented as a large, long-term chip commitment that could influence how customers allocate future AI infrastructure spending.
Overall, both outlets describe a large, multi-year AWS chip procurement by Snowflake, with the main emphasis on the deal’s size, duration, and relevance to AI chip supply.
