A San Jose police spokesperson said the report of two adults being stabbed came in at 3:11 p.m.
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Both stabbing victims were taken to the hospital with life-threatening injuries.
The first crime scene is at Kooser Road and Dellwood Way.
Officers also responded to the 1800 block of Hillsdale Avenue, where the carjacking and one of the stabbings took place. Police said the carjacking suspect stabbed a victim there, then carjacked their vehicle.
It is not yet clear as to the location of where the other victim was stabbed.
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The suspect also struck a pedestrian while fleeing in the carjacked vehicle. The pedestrian was transported to a local hospital with non-life-threatening injuries.
Later in the afternoon, the suspect was spotted near Santa Clara and 16th Street where police say they intentionally struck and killed two pedestrians with the stolen vehicle.
Both locations are being actively investigated early Thursday evening.
Milpitas police are also investigating a deadly stabbing in their jurisdiction and arrested the suspect in that incident. San Jose police believe that person is the same suspect linked to the carjacking and stabbings in their city.
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San Jose Mayor Matt Mahan released a statement on Twitter saying he's "sickened by the senseless violence that took place in our city tonight."