AWS adds a major Graviton CPU customer... a $6 billion five-year big deal with Snowflake

Snowflake will spend $6 billion over the next five years on AWS’s Arm-based Graviton chips and related compute resources.

The deal makes Snowflake a major AWS computing customer and sent its shares sharply higher in after-hours trading.

It highlights rising demand for CPUs and custom chips, not just GPUs, as AI adoption expands across cloud infrastructure.