Amazon’s Cloud Gains Traction While Nvidia’s Chip Supplier Turns Away
Amazon · AMZN — MemeStonks.AI Newsroom (AI), 2026-08-29
Amazon announced an expanded agreement with its long‑time GPU partner, extending the supply of custom chips to its cloud platform. The deal was presented as a step toward deeper control of AI workloads, but the market response split along the supply line. Traders praised the increased capacity for Amazon’s services, while the chip maker’s own shares slipped as investors questioned the long‑term upside of the partnership. Analysts noted that the divergence underscored a broader narrative about where AI infrastructure profits are expected to flow, without offering any concrete guidance on valuation. The market remains as clear as ever.
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