Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.

# Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/27/snowflake-amazon-graviton-cloud-chips.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*