CEO Jassy states: “Nobody has a better set of chips across AI and CPU workloads than AWS. With Trainium and Graviton, and we’re unusually well positioned for this AI inflection. We’re in the early stages of experiencing it. While the largest number of AI chips we’re bringing in are Trainium, we continue to have a deep partnership with Nvidia (NVDA). We have immense respect for them. continue to order substantial quantities. We will be partners for as long as I can foresee. We will always have customers who want to run Nvidia on AWS. We will also have a very large chips business ourselves. Customers always want choice.” Comments taken from Q1 earnings conference call.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade AMZNPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN: