Amazon's In-House AI Chip Business Booms Under AMZN
Amazon.com's (NasdaqGS:AMZN) in-house AI chip business is growing rapidly, according to CEO's recent highlights. The company's internal chip effort is closely tied to Amazon Web Services and its AI infrastructure offerings.
The move positions Amazon as a competitive force against Nvidia in the AI chip market. For a fuller view of how this AI hardware push connects with other companies building the compute backbone for machine learning, one can compare a wider group of related stocks through 55 AI infrastructure stocks.
Amazon.com is a US-based retailer with a market cap of about $2.8 trillion and a large online and physical store footprint. The company also runs Amazon Web Services, which is a key platform for AI workloads that can directly use its in-house data center chips.