Tonight's forecast is 22:00 🧐🤔

coco0217 : Thank you so much for today

FANGおじさん : 21:30 is today's turning point

KJ XL : I'm expecting a reversal starting tonight

FANGおじさん : I'm sorry for your busy schedule. Just a question I've also held Amazon stock for a little over half a year, so wouldn't it be better to have financial resultsI see good information on the news, but I'm a little uneasy about recent market pricesI wonder what the live voice is like? and...

ピンハネ OP FANGおじさん : It's a transition between 176-186, but 190 is possible, but once it falls to 170 units, a bounce is also conceivableI wonder if it's rising because there's good news

FANGおじさん ピンハネ OP : I agree with Ranku-san's idea and try to carry it over to the financial results. Thank you, Mr. Pinhane ♪ I appreciate the analytical values

ピンハネ OP FANGおじさん : Amazon (NASDAQ: AMZN) is rushing to develop an Al chip that could surpass Nvidia, executives say

US Market/by Zabih Ullah/July 25, 2024


AUSTIN, TX — Six engineers worked on Friday afternoon to design a new, heavily guarded server within the Amazon.com (NASDAQ: AMZN) chip lab in Austin, Texas.

Amazon's artificial intelligence chip that competes with the artificial intelligence chip of NVIDIA (NASDAQ: NVDA), which is the market leader, was packed into this server, Amazon executive Rami Shinno stated during a visit to the laboratory on Friday.

Amazon is developing its own processor to limit its dependence on expensive Nvidia chips, so-called Nvidia Tas, that support part of Amazon Web Services' artificial intelligence cloud business, which is the main growth engine.

Amazon wants to help customers compute through its chips. It reduces complex calculations and processes huge amounts of data more cheaply.

Rivals Microsoft INASDAQ: MSFT) and Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) are doing similar things.

Mr. Shinno, director of engineering at Annapurna Labs, which is a division of Amazon's cloud business “AWS,” said Amazon customers are increasingly seeking cheaper alternatives to NVIDIA.

Amazon (NASDAQ: AMZN) acquired Annapurna Labs in 2015.

The company's efforts on Al chips are in the early stages, but Amazon's main chip Graviton runs non-Al computing, and development has continued for close to 10 years, and is now the 4th generation. Al Chip, Trainium and Inferentia are new designs.

“Therefore, the price (and) performance will increase by up to 40%, and sometimes 50%, so it should be half the cost of running the same model on Nvidia,” said David Brown, vice president of computing and networking at AWS. Tuesday.

Sales of AWS, which accounts for less than one-fifth of Amazon's total sales, were 25 billion dollars, up 17% from the same period last year for the January-March fiscal year. AWS controls about one-third of the cloud computing market, and Microsoft's Azure accounts for about 25%.

During the recent Prime Day, Amazon introduced 0.25 million Graviton chips and 0.08 million custom AL chips to deal with a surge in activity across the platform, the company said.

According to Adobe Analytics, this shopping event generated a record revenue of $14.2

Sales in hundreds of millions.

(Source: Reuters)

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