Qualcomm Issues Amazon Warrants Worth $4 Billion as Part of AI Infrastructure Deal

Qualcomm has issued warrants to Amazon that would allow the e-commerce and cloud computing giant to acquire up to $4 billion worth of Qualcomm stock, according to a report published by CNBC.

The arrangement is tied to an artificial intelligence infrastructure deal between the two companies, CNBC reported, though further details of the agreement's specific terms were not immediately available.

According to the report, the deal reflects Qualcomm's broader push to establish a presence in the data center business, a market segment where Nvidia has held a dominant position throughout the ongoing artificial intelligence boom.

Neither Qualcomm nor Amazon has released a separate public statement providing additional detail on the warrant issuance or the scope of the AI infrastructure partnership beyond what was reported by CNBC.

The move comes as major technology companies continue to compete for position in AI-related hardware and infrastructure, an area that has seen significant investment as demand for computing power tied to AI applications has grown.