Qualcomm Stock Dips Slightly After-Hours Following Amazon Collaboration News
On October 6, 2026, Qualcomm's stock price saw a minor decline in after-hours trading, closing at EUR 161.51, which represented a 0.04% decrease from the previous close of EUR 161.58 at Lang & Schwarz. The trading session showed a bid price of EUR 161.50 and an ask price of EUR 161.52.
Earlier in September 2026, Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, announced a collaboration with Amazon. The partnership focuses on developing customized silicon for AI data centers and optical connectivity solutions capable of reaching speeds up to 1.6 terabits per second. The companies also plan to leverage AWS infrastructure, including Amazon Bedrock, for electronic design automation workloads.
In a related development, Qualcomm issued a warrant to Amazon.com NV Investment Holdings LLC, allowing the acquisition of up to 25 million Qualcomm common shares at an exercise price of USD 161.26 per share. The warrant, which expires on September 3, 2036, includes provisions for vesting shares tied to commercial agreements and Amazon's purchases of Qualcomm products and services, potentially totaling USD 60 billion. Upon issuance, 3.75 million shares vested based on initial purchase commitments. The warrant does not carry voting rights while unexercised.