Arm Holdings has hired Rami Sinno, a former AI chip director at Amazon.com, Inc. (AMZN), to develop its own complete chips. Sinno played a key role in developing Amazon’s AI chips, Trainium and Inferentia. Amazon recently expanded into same-day fresh grocery delivery, dominating the $940 billion US grocery market. With extensive logistics, data analytics, and a $4 billion infrastructure investment, Amazon is a market leader. While Amazon is a strong investment, some AI stocks may offer greater upside potential and less downside risk. Explore the best short-term AI stock for potential growth opportunities.

Read more at Yahoo Finance: Amazon AI Chip Executive Joins Arm to Build Complete Chips