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InterDigital shares jump 11% after signing major patent license deal with Amazon for Prime Video tech

Market News
11 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

InterDigital's stock surged 11.3% following a new patent license agreement with Amazon covering streaming technology for services like Amazon Prime Video. This deal resolves ongoing litigation and marks a strategic expansion for InterDigital into video streaming licensing, highlighting its key technology role. The stock shows improving momentum amid a positive market backdrop, with the next earnings update expected on July 30. Despite strong growth and quality scores, InterDigital faces mixed technical signals and weak momentum overall.

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