Qualcomm Re-ups Patent License with Apple, Issues Warrant to Amazon for Server Chip Collaboration
Qualcomm Inc., the American multinational semiconductor and telecommunications equipment company, has renewed its global patent license agreement with Apple. This agreement is set to take effect on April 1, 2027, as announced by Qualcomm on September 24, 2026.
The deal comes after a Form 8-K filing dated September 3, 2026, revealed that Qualcomm had issued Amazon.com NV Investment Holdings LLC a warrant to acquire up to 25 million shares of Qualcomm common stock at an exercise price of $161.26 per share. This warrant is tied to the company's strategic collaboration with Amazon related to server chip products, technology, systems, and manufacturing services.
The warrant expires on September 3, 2036, and its shares vest in tranches based on commercial arrangements, binding purchase orders, and Amazon's purchases, up to a maximum of $60 billion in payments. According to the filing, 3.75 million shares vested upon issuance based on initial purchase commitments.