Amazon is reportedly in negotiations to sell computer chips to major artificial intelligence companies, including OpenAI, Anthropic, and Uber. These chips would serve as alternatives to those currently supplied by Nvidia, a leading provider in the AI hardware market. The move signals Amazon’s ambition to become a significant player in the AI chip industry and potentially disrupt Nvidia’s market share. News of the potential deals boosted Amazon’s stock price by as much as 1.8% on Thursday, reaching an intraday high of $241.82. This development comes as demand for AI processing power continues to surge, creating opportunities for alternative chip suppliers. The negotiations highlight the growing competition within the crucial semiconductor sector powering the AI revolution.
