Amazon Will Challenge Nvidia as a Real Threat
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Amazon.com Inc. (NASDAQ: AMZN) is reportedly planning to manufacture its own AI chips, positioning itself as a potential competitor to Nvidia in the AI hardware market.
November 12, 2024 | 1:30 pm
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Amazon is reportedly planning to manufacture its own AI chips, which could position it as a competitor to Nvidia in the AI hardware market.
Amazon's entry into AI chip manufacturing could enhance its competitive edge in the AI market, potentially increasing its market share and revenue. This strategic move is likely to positively impact Amazon's stock price in the short term.
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