Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- Amazon is exploring an asset-light structure to offload about $8 billion in AI chips
- The move aims to improve balance-sheet health as AI spending rises
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Company
Amazon▼ −21% net tone today
- Amazon is seeking to offload $8 billion of Nvidia chips to investors, the FT reported
- Amazon’s Great Indian Festival sale starts October 8, with cardholder discounts
- Amazon Now expanded its ultra-fast delivery service to over 120 cities
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Amazon Now reaches 120 cities, targets 300 by end-2026
- Amazon Now has around 800 micro-fulfilment centres, up from 100 a year ago
- Daily orders are rising 20% month on month
- Amazon’s expansion raises competitive pressure on Indian quick-commerce players such as Swiggy