Qualcomm Grants Amazon Massive Server Chip Warrant Worth Up to $4 Billion

Qualcomm has granted Amazon a warrant to acquire up to 25 million shares of its common stock as part of a strategic server chip deal worth up to $60 billion. The warrant, issued on September 3, 2026, allows Amazon to purchase Qualcomm's products and technology at an exercise price of $161.26 per share.

The deal is contingent upon Amazon executing binding purchase orders and making purchases through the warrant's term ending September 3, 2036. The initial vesting structure includes 3.75 million shares vested upon issuance based on initial purchase commitments.

This strategic collaboration marks a significant win for Qualcomm in the data center and server chip market, diversifying its revenue stream beyond traditional mobile handset business.