Jassy's 15 Words Ease Nvidia's Biggest Risk

Nvidia is the leading seller of AI chips, generating triple-digit revenue growth. The company faces rivals, including Advanced Micro Devices, and even some of its own customers, such as Amazon.

In recent times, investors have worried about one particular challenge: competition. Though Nvidia remains in the lead, a number of companies also sell AI chips -- and these products are becoming more powerful with each update.

However, Amazon's CEO Andy Jassy recently stated that his company has customers who will continue to use Nvidia's chips 'for as long as we can foresee.'