Nvidia stock looks to be brushing off the threat of Amazon's new Trainium 3 AI chips.

Shares of Amazon.com Inc. (NASDAQ: AMZN) gained 3.48% over the past five trading sessions after gaining 2.80% the five prior.

Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after the tech titan unveiled its next-gen AI accelerator – Trainium3 – that may challenge Nvidia's (NASDAQ: NVDA) dominance in high-performance computing. With promise of lower costs, massive scalability, and seamless integration into AWS infrastructure, Trainium3 could reshape the economics of training frontier artificial intelligence models.

Amazon's (NASDAQ: AMZN) push into custom AI hardware is reshaping expectations for its valuation, with new analysis suggesting the company could see notable stock gains as its in-house chips challenge Nvidia's (NASDAQ: NVDA)lead.

Amazon's strengths in e-commerce and cloud computing have powered earnings higher. The company is well-positioned to benefit from the artificial intelligence boom.

Achmea Investment Management B.V. lifted its holdings in Amazon.com, Inc. (NASDAQ: AMZN) by 3.1% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,196,921 shares of the e-commerce giant's stock after purchasing an additional 36,330 shares during the

Anthropic is preparing for a potential IPO with Wilson Sonsini's guidance, aiming for a $300 billion-plus valuation while its revenue run rate climbs and it competes with OpenAI in the public markets.

Sen. Bernie Sanders slammed soaring billionaire wealth as new Bank of America data shows many lower-income Americans still struggling with stagnant wages, persistent inflation and a widening economic divide.

Amazon announced a new product Tuesday called “AI Factories” that allows big corporations and governments to run its AI systems in their own data centers. Or as AWS puts it: customers supply the power and the data center, and AWS plunks in the AI system, manages it, and can tie it into other AWS cloud services.

Amazon Web Services (AWS) CEO Matt Garman discusses the company's latest artificial intelligence launches, including Nova Forge and Trainium chips, on ‘The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #aws #amazon #amazonews #mattgarman #ai #artificialintelligence #chips #semiconductors #cloud #cloudcomputing #technology #innovation #trainium #novaforge #business #tech