Can any company, big or small, really topple Nvidia's AI chip dominance? Maybe not.
Amazon.com Inc (NASDAQ:AMZN) used its annual re:Invent conference in Las Vegas to outline a series of AI-focused updates, including new Trainium chips, expanded Nvidia integration, autonomous agents, and a new on-premises “AI Factories” model. The event, which drew roughly 60,000 attendees, offered incremental product progress rather than a headline-making partnership, according to Bank of America analysts.
Amazon.com said on Wednesday it is rolling out a dedicated news tab on its Prime Video streaming service, which will become available to all U.S. customers for free by the end of the year.
Amazon (AMZN) could produce exceptional returns because of its solid growth attributes.
Shares of Amazon.com Inc (NASDAQ: AMZN) have dropped roughly 9% over the past month, sliding from $249.32 in early November to $234.50 as of December 2.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Shares of Amazon.com Inc. (NASDAQ: AMZN) gained 3.48% over the past five trading sessions after gaining 2.80% the five prior.
Amazon's (NASDAQ: AMZN) push into custom AI hardware is reshaping expectations for its valuation, with new analysis suggesting the company could see notable stock gains as its in-house chips challenge Nvidia's (NASDAQ: NVDA)lead.
Shares of Amazon.com Inc. NASDAQ: AMZN closed Monday's session just above $230, right around where they were back in January. Despite logging a 60% rally at one point in the months in between, the tech giant is now on track to finish roughly flat for 2025.
The Black Friday and Cyber Monday shopping frenzy was yet again a hit, helping ease some fears surrounding a weak consumer.
Amazon.com Inc (NASDAQ:AMZN) on Tuesday unveiled its latest artificial intelligence (AI) semiconductor, Trainium3, signaling a major effort by the e-commerce and cloud giant to challenge Nvidia's dominance in the booming AI hardware market. The announcement came during Amazon Web Services' (AWS) annual re:Invent conference, where executives detailed the chip's capabilities and broader AI strategy.
Amazon is making a big push into ultrafast delivery, now testing in Seattle and Philadelphia. The company said customers can choose from thousands of items for delivery in under 30 minutes.