Amazon: In-House Chips Could Be The New Ace In The Hole (NASDAQ:AMZN)
1. AMZN aims to decrease reliance on Nvidia for AI capabilities. 2. Reducing Nvidia dependency may enhance AMZN’s technological autonomy.
FAQ
Why Bullish?
AMZN diversifying its tech stack reduces vulnerability to supply chain disruptions, echoing past moves that stabilized its business during tech fluctuations.
How important is it?
This shift suggests strategic growth potential for AMZN in AI, which is crucial for future profitability.
Why Long Term?
As AMZN solidifies its technological infrastructure, this strategic shift could yield competitive advantages over years.