✉news TechnologySemiconductors first seen 2 d ago, last 2 d ago, peak #23
Amazon reportedly seeks to offload $8 billion of Nvidia chips to investors
Original: Amazon seeks to offload $8B of Nvidia chips to investors, FT reports (AMZN:NASDAQ)
Amazon is looking to sell roughly $8 billion worth of Nvidia chips to outside investors, according to a Financial Times report. The move would spread the cost of the company's massive AI data-center buildout, as cloud providers face enormous capital expenditure on GPUs. The news, also picked up by Seeking Alpha, is drawing attention to how tech giants are financing their AI infrastructure spending.
Why now: Investors are closely watching how tech companies fund their expensive AI infrastructure expansions.
Evidence
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