Amazon Eyes $8 Billion Nvidia Chip Sale to Investors as AI Infrastructure Costs Surge: Report
Benzinga
Amazon (NASDAQ: AMZN) is reportedly considering selling $8 billion worth of Nvidia (NASDAQ: NVDA) AI chips to outside investors through a special-purpose vehicle. This strategy aims to make Amazon's balance sheet more asset-light by leasing the chips back from the vehicle, which would issue debt to raise capital. The move comes as Amazon faces surging AI infrastructure costs, having increased its 2026 capital spending target by $20 billion to $220 billion.
Read the full story
This is a short summary. The complete article is published by Benzinga.
Headline and summary aggregated from public news feeds. For information only — not financial advice.