Amazon plans to buy as many NVIDIA chips as possible, sparking speculation about replacing GPUs.

From Yahoo Finance: 2025-05-28 12:59:00

Amazon.com, Inc. (AMZN) is the largest eCommerce retailer in America with a strong presence in cloud computing. The firm also develops its artificial intelligence chips, Trainium, sparking speculation about replacing NVIDIA’s GPUs. Jim Cramer believes Amazon will buy every NVIDIA chip it can get.

Amazon’s shares rose by 3% after its fiscal first-quarter earnings report. The firm gave a conservative forecast for the second quarter due to unpredictable tariff situations. Despite its potential, AMZN ranks 1st on Jim Cramer’s list of stocks. For higher returns with limited downside risk, consider other AI stocks.

Read more: Amazon.com, Inc. (AMZN) Will Buy Every Single NVIDIA Chip It Can Get, Says Jim Cramer