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Amazon (AMZN) Soars as Strategy to Challenge Nvidia AI Chip Dominance Emerges

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The Story

News Summary

  • Amazon is exploring selling its proprietary AI chips to external data centers.
  • This strategic expansion aims to capture market share from Nvidia by diversifying Amazon's semiconductor business beyond internal infrastructure, potentially opening a significant new revenue stream.
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Stored market data

AMZN price history

256.78 +13.48% over the displayed period

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