Amazon is a major AI customer for Nvidia through its cloud computing business. Nvidia’s focus on AI has led to significant revenue and profit growth, with a record of $130 billion in revenue. However, competition from customers like Amazon and Alphabet developing their own chips could impact Nvidia.

Nvidia designs GPUs for AI, with Amazon buying these chips for its cloud customers. Despite competition from other chip makers, Nvidia’s chips remain powerful. Amazon’s in-house Trainium chip platform is also seeing strong demand, prompting investors to wonder about Nvidia’s future growth.

Amazon’s CEO, Andy Jassy, expressed confidence in growing relationships with Nvidia and other chip designers during an earnings call. Amazon continues to order significant amounts of Nvidia chips, indicating potential for both companies to see growth. This positive outlook could impact Nvidia’s upcoming earnings report and future prospects in AI.

Read more at Nasdaq: 16 Words From Amazon’s Andy Jassy That Represent Spectacular News for Nvidia Investors Ahead of Nov. 19