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Stockreport

Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud deal [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
processing unit chips, along with a host of ?the AI giant's other offerings, to Amazon.com's cloud computing unit by 2027, ?a Nvidia executive told Reuters on Thursday. Nvidia and Amazon Web Services said this week that AWS had ?reached a deal to buy its 1 million GPUs but had not disclosed the precise timing of the deal. Ian Buck, vice president of hyperscale and high-performance computing at Nvidia, told Reuters on Thursday that the sales would start this year and ?extend through 2027. That is the ?same time frame through which Nvidia CEO Jensen Huang said the company sees an overall sales opportunity of $1 trillion for its Rubin ?and Blackwell families of chips. Nvidia and Amazon did not disclose the financial terms of their deal. But Buck told Reuters the transaction contains a broad mix of Nvidia chips beyond the ?1 million ?GPUs, including Nvidia's Spectrum networking chips and ?the Groq chips that Nvidia ?released this week after its $17 billion licensing deal with an AI [Read more]

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Stockreport

Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud deal [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
processing unit chips, along with a host of ?the AI giant's other offerings, to Amazon.com's cloud computing unit by 2027, ?a Nvidia executive told Reuters on Thursday. Nvidia and Amazon Web Services said this week that AWS had ?reached a deal to buy its 1 million GPUs but had not disclosed the precise timing of the deal. Ian Buck, vice president of hyperscale and high-performance computing at Nvidia, told Reuters on Thursday that the sales would start this year and ?extend through 2027. That is the ?same time frame through which Nvidia CEO Jensen Huang said the company sees an overall sales opportunity of $1 trillion for its Rubin ?and Blackwell families of chips. Nvidia and Amazon did not disclose the financial terms of their deal. But Buck told Reuters the transaction contains a broad mix of Nvidia chips beyond the ?1 million ?GPUs, including Nvidia's Spectrum networking chips and ?the Groq chips that Nvidia ?released this week after its $17 billion licensing deal with an AI [Read more]

IMPACT SNAPSHOT
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NVDA
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Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS