Qualcomm: AI deals, investors and valuation
As of Nov 9, 2026, Qualcomm has 5 AI deals of $1B+ in this database: it pays $6.4B and receives $60B (net +$53.6B). It ranks #29 of 198 companies by number of deals.
Value over time
Valuation history
- January 2025$185B
- April 2025$158.9B
- July 2025$157B
- October 2025$193.6B
- January 2026$162.2B
- April 2026$192.2B
- July 2026$157.9B
- October 2026$176.3B
- November 2026$177B
Receives from
AmazonPays to
🇬🇧 AlphawaveLoops it is part of
All Qualcomm deals
Qualcomm co-develops custom inference chips and 1.6 Tbps optical interconnects for AWS; $60 billion is the purchase ceiling at which the warrant fully vests.
Qualcomm issues Amazon a warrant for up to 25 million shares at $161.26, vesting in tranches with purchases.
Multi-generation agreement: Qualcomm will supply Meta with data center CPUs (Dragonfly C1000), in production from the second half of 2028.
HUMAIN will deploy 200 MW of Qualcomm AI200/AI250 racks for inference from 2026; Qualcomm shares rise 22%.
$2.4 billion acquisition closed a quarter early; Alphawave's CEO heads Qualcomm's data center business.
Questions and answers
Who are Qualcomm's biggest investors and payers?
Amazon ($60B).
How much has Qualcomm invested or spent on AI deals?
$6.4B across 2 deals, the largest with Amazon.
How much is Qualcomm worth?
Market cap: $177B (Nov 9, 2026).
Is Qualcomm part of a circular deal?
Amazon → Qualcomm → Amazon ($4B).
Meta
HUMAIN