Amazon Jumps 4% on Expanded AWS Chip Deal: Why Is NVIDIA Falling 4%?

Amazon Jumps 4% on Expanded AWS Chip Deal: Why Is NVIDIA Falling 4%?

Amazon is surging 4% on a massive GPU expansion deal with the very chip supplier that is simultaneously sinking 4% on the same news. The split tells a story about where Wall Street thinks AI infrastructure profits are really going.

Amazon Just Committed to 2 Million More Nvidia GPUs, and the Stock Traded Lower

A five-month-old GPU commitment just roughly tripled -- and it lands on a capital budget that already reached $220 billion this year.

Amazon (AMZN) Stock Surges 4% on Evercore Upgrade and Major AI Infrastructure Plans

Amazon (AMZN) stock jumped 4% after Evercore lifted its target to $355, citing strong retail data and a 2 million Nvidia GPU order for AWS cloud infrastructure. The post Amazon (AMZN) Stock Surges 4% on Evercore Upgrade and Major AI Infrastructure Plans appeared first on Blockonomi.

Amazon (AMZN) Stock Gets a Boost From Evercore and a Massive Nvidia Deal

TLDR Amazon stock rose about 4% after Evercore ISI analyst Mark Mahaney raised his price target to $355, up from $315 Mahaney cited strong survey data showing 92% U.S. shopper penetration and growing AI-driven retail demand AWS plans to add 2 million Nvidia GPUs in 2027-2028, reinforcing cloud and...