Amazon CEO Andy Jassy Indicates Company May Sell AI Chips, Intensifying Competition with Nvidia and AMD
In his annual shareholder letter, Amazon (AMZN) CEO Andy Jassy revealed the company is considering selling its custom-built AI chips to third parties. This move could intensify competition in the AI hardware market against rivals like Nvidia (NVDA) and AMD (AMD). The announcement highlights AWS's growing AI revenue with a run rate exceeding $15 billion as of Q1 2026.
Topics: Artificial Intelligence AWS Growth Chip Manufacturing Competitive Landscape