Snowflake soars 32% on earnings beat and plan to spend $6 billion on Amazon cloud
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Source: CNBC
Published: 2026-05-28 06:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets, Tax & Budget, Technology
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Snippet:
Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use of the company's custom silicon and chips for artificial intelligence.
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