How Nvidia Could Benefit From Other Tech AI Platform Integration
$Amazon (AMZN.US)$ is reportedly negotiating a $475 million agreement to provide $NVIDIA (NVDA.US)$ processors for IBM's (IBM) AI training via the cloud.
This deal would enable IBM to use AWS's EC2 servers equipped with Nvidia's GPUs, showcasing the rising demand for Nvidia's technology. This collaboration is expected to enhance AI solutions for their shared customers, building on IBM's earlier integration of its AI platform with Amazon SageMaker.
We can see that NVDA and AMZN have both benefitted from this proposed deal with AMZN gain 1% and NVDA gain 2.09% amidst a weaker market with selling interest.
I am holding my position in NVDA as I foresee there would be more large tech companies who would be bringing the AI training to large cloud provider like AMZN, even though they might have their own cloud, IBM has their own cloud, and next candidate I can think of is $Oracle (ORCL.US)$ , which they also have their own cloud and I believe it should not be long before we see some collaboration of Oracle with Amazon and Nvidia.
I am looking forward to NVDA earnings on 20 Nov 2024 after market close, we should be able to see how Nvidia Blackwell sales and take up rate would be like.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Yeize : Wondering if these cloud partnerships are just the start—think NVDA can keep up the momentum?