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Snowflake Signs $6 B AWS Deal, Ties to Graviton AI Chips

5/28/2026

38 7 Full Breakdown

Summary

Snowflake Secures Deal

Snowflake Inc. signed a five-year $6 billion agreement with Amazon Web Services (AWS) on May 27, 2026.
The deal ties Snowflake’s cloud spending to AWS Graviton processors and AI-chip infrastructure.
Snowflake said its customers’ AWS spend doubled to $2 billion in 2025, bringing total Marketplace sales since 2012 to about $7 billion.
AWS CEO Andy Jassy said Graviton chips outperform GPUs and that AWS will supply millions of them to Meta.

Summary

Snowflake Partners AWS

Snowflake announced an AWS partnership to expand its enterprise AI role.
Analysts warn Snowflake faces stiff competition from Databricks and open-source platforms, threatening market share.
Investors seek sustained AI usage rather than short-term pilots, per Snowflake’s comments on the AWS deal.
Snowflake’s filings say AI demand could stay lumpy, creating uncertainty for future product-revenue growth.

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Snowflake Secures Deal

Snowflake Inc. signed a five-year $6 billion agreement with Amazon Web Services (AWS) on May 27, 2026.
The deal ties Snowflake’s cloud spending to AWS Graviton processors and AI-chip infrastructure.
Snowflake said its customers’ AWS spend doubled to $2 billion in 2025, bringing total Marketplace sales since 2012 to about $7 billion.
AWS CEO Andy Jassy said Graviton chips outperform GPUs and that AWS will supply millions of them to Meta.

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