3M expands data center partnership with AWS, issues warrant for 3.16M shares

3M entered an expanded data center partnership with Amazon Web Services on Oct 19, 2026, under which AWS plans to deploy and scale 3M's Expanded Beam Optical technology. 3M issued a warrant for 3,162,015 shares at $164.89, worth about $521.4 million, vesting with Amazon's purchases up to $6 billion. Shares rose over 5% after hours.

Detected & updated continuously · Source: Nebula