✉news TechnologySemiconductors first seen 7 h ago, last 4 h ago, peak #15
Amazon reportedly looking to sell off $8 billion of Nvidia chips
Original: Amazon seeks to offload about $8 billion of Nvidia chips
Amazon is seeking to offload roughly $8 billion worth of Nvidia chips, according to a report carried by Yahoo Finance. The move involves excess AI hardware capacity, and the story is drawing attention across the semiconductor and cloud computing sectors as questions grow about whether big tech has stockpiled more Nvidia GPUs than it currently needs.
Why now: Fresh reporting on a major cloud provider reselling a large stake of Nvidia hardware raises questions about AI chip overcapacity.
Evidence
- Amazon seeks to offload about $8 billion of Nvidia chips · Yahoo! Finance Canada
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