Nvidia CEO Jensen Huang delivers positive updates on generative AI benefits Amazon

From Nasdaq: 2025-06-01 11:41:00

Nvidia (NASDAQ: NVDA) shareholders had a good week as the company addressed concerns about its future opportunities and ability to thrive despite regulatory issues. CEO Jensen Huang provided positive updates, highlighting the potential of generative AI, which also benefits AI giant Amazon (NASDAQ: AMZN).

Despite uncertainties, Nvidia reported strong earnings for the 2026 fiscal first quarter, with revenue up 69% year over year to $44.1 billion. The company is focusing on its advanced chips, like Blackwell, which are in high demand from cloud computing clients such as Amazon and Microsoft.

Amazon CEO Andy Jassy sees a future where generative AI is infused in every industry, with AWS being a key player. Amazon is investing heavily in its AI business to meet demand, leveraging Nvidia’s products while also developing its own chips. Both companies are aligned in their vision for the future.



Read more at Nasdaq: Nvidia CEO Jensen Huang Just Delivered Incredible News for Amazon Investors