Snowflake’s stock rises sharply after the company reports results that exceed expectations and announces an expanded commitment to Amazon Web Services (AWS). Multiple outlets report the company is increasing its cloud investment with AWS, signing a five-year deal worth $6 billion. The agreement is framed by both companies as a major expansion of their existing long-running relationship. CNBC and The Next Web both say the commitment is tied to Snowflake’s planned use of AWS infrastructure that includes Arm-based Graviton chips. One report notes the new five-year commitment is significantly larger than Snowflake’s prior AWS spending arrangement, described as about 2.4 times its 2023 AWS deal. The articles also attribute the stock move to the earnings beat and the announcement of the AWS investment plan, with shares jumping in the same timeframe as the financial results. Across sources, the key elements are Snowflake’s earnings outperformance, the scale and duration of the new AWS commitment, and the role of Graviton chips in the arrangement.