Amazon Is Expanding Its AI Chip Ambitions. Should Nvidia Investors Be Worried?

Amazon (NASDAQ: AMZN) is a leading artificial intelligence company that incorporates AI into its vast e-commerce and advertising platforms, as well as being the world's largest cloud computing company. However, it is now taking a key step in expanding its AI empire by rolling out a new AI chip that could significantly challenge the dominant position held by chipmaker Nvidia (NASDAQ: NVDA).Amazon's Trainium3 chip is the latest movement in the company's efforts to scale up its custom AI hardware offerings. The company unveiled the chip Dec. 2 at its annual re:Invent conference in Las Vegas.Image source: Amazon.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool