Amazon CEO Jassy says company could sell AI chips, raising stakes for Nvidia, AMD [Yahoo! Finance Canada]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Yahoo! Finance Canada
Amazon is thinking about selling its own AI processors to third parties, increasing competition with Nvidia ( NVDA ) and AMD ( AMD Jassy said he doesn't believe the technology is either overhyped or a bubble, but rather that margins and returns on capital invested will be “appealing.” His convictions, he said, stem from how quickly AI is being adopted and the rapid increase in revenue for Amazon's AWS unit. According to Jassy, AWS's AI revenue has a run rate of more than $15 billion as of Q1 2026 and continues to grow. What's more, he said the business could be growing faster, but the company is still capacity-constrained, despite adding 3.9 gigawatts of capacity in 2025 and its plans to double that by 2027. Jassy said two large AWS customers have asked whether they can buy all of its custom CPU Graviton capacity in 2026. However, the company can't agree to the move because it still needs to provide CPU capacity to its other customers. The CEO also took a shot at Nvidia, sayin
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JBLU
Earnings
- 1/27/26 - Miss
JBLU
Sec Filings
- 4/2/26 - Form DEFA14A
- 4/2/26 - Form ARS
- 4/2/26 - Form DEF
- JBLU's page on the SEC website