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flag STMicroelectronics partners with AWS to boost AI and cloud efficiency with advanced chips, including share warrants tied to payments.

flag STMicroelectronics has deepened its partnership with AWS to boost AI and cloud data center capabilities, supplying advanced semiconductors to improve energy efficiency and enable new high-performance compute instances. flag The deal includes AWS receiving warrants for up to 24.8 million STMicroelectronics shares, exercisable over seven years at $28.38 each, tied to product and service payments. flag The collaboration aims to enhance scalability and reduce operating costs for compute-intensive workloads.

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