Amazon Jumps 4% on Expanded AWS Chip Deal: Why Is NVIDIA Falling 4%?
The expanded order lifts AWS’s committed Nvidia GPU total above 3 million as Amazon’s AI spending and backlog keep climbing, analysts said.
6 Articles
6 Articles
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 (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...
Amazon Stock Jumps 4% as AWS’s 2 Million-GPU Expansion Adds $110 Billion
SEATTLE, August 28, 2026, 17:20 (EDT). Amazon shares climbed 3.97% to $266.43, adding about $109.8 billion in market value. AWS plans two million additional Nvidia GPUs across its global infrastructure in 2027–2028. AWS second-quarter sales rose 37% to $42.2 billion; segment operating income reached $16.6 billion. Amazon’s trailing-12-month free cash flow turned to a $7.6…
Amazon is significantly expanding its agreement with Nvidia for its AWS data centers. Behind this massive deal, the global race for AI is accelerating.
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