Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stock

Economic Times TechSeptember 8, 2026en

The deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion that vest with product purchases and allow the cloud giant to buy ‌shares at a ⁠fixed ⁠price of $161.26 apiece, according to a regulatory filing.

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