Amazon bets on in-house AI chips to slash cloud costs and shake up Nvidia
Amazon is moving its AI workloads onto its own Trainium and Inferentia chips to cut AI operating costs and gain more control over hardware, potentially changing the economics of AI infrastructure without an immediate replacement of Nvidia; the effort aligns with a broader 2026 capex push for data centers and custom chips, and Wall Street consensus remains strongly bullish on AMZN with upside potential.