In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips - TechCrunch
1 min readAnalysis by AlgoThesis Editorial Desk
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The story
Snowflake crushed Q1 estimates, raised full-year guidance, and signed a $6B commitment to AWS for AI compute — sending SNOW surging ~30% in after-hours. The deal is a dual catalyst: it validates SNOW's AI monetization story while locking in incremental AWS revenue at scale.
The two-sided take
The house read
Wrong ifSNOW short leg gets squeezed if buy-side upgrades with aggressive new price targets push the stock higher through the week; gap-and-go momentum can persist 5-10 sessions in thin post-earnings float.
Published read · research, not advice