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
NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
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
Stories per day
227 Sept
728 Sept
629 Sept
530 Sept
61 Oct
52 Oct
03 Oct
●
Musk warns Delta CEO over airline’s choice of Amazon Leo over Starlink
- Delta CEO Ed Bastian chose Amazon’s Leo, a new service intended to compete with Starlink
- Elon Musk warned Bastian he “will lose his job”
●
Amazon Great Indian Festival and Flipkart Big Billion Days in Oct: Which debit, credit cards offer the best deals?
- Amazon and Flipkart festival sales offer cardholder discounts from October 8 and 9
- Festival discounts may lift sales at Indian retailers and e-commerce platforms
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
)
Amazon introduces redesigned Kindle readers with updated displays
- New models include Kindle, Kindle Paperwhite and Kindle Colorsoft