Amazon's Chip Business Outpaces Major Semiconductor Companies
The article highlights Amazon (NASDAQ: AMZN) as a top AI chip stock, surpassing traditional leaders like Nvidia and Intel. The company’s custom silicon business for AWS is growing rapidly with an annual revenue run rate above $20 billion and sequential growth of nearly 40%. CEO Andy Jassy estimates the true scale could reach $50 billion if treated as a standalone entity.
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Topics: AI Amazon Web Services (AWS) Graviton Nitro semiconductor industry Trainium