Amazon Plans To Move $8 Billion In Nvidia Chips Off Balance Sheet
· Technology · Bloomberg, Moneycontrol, MarketWatch
Amazon is exploring a deal to shift approximately $8 billion worth of high-end Nvidia chips off its balance sheet. The company aims to manage its capital expenditure more efficiently by offloading these assets. The Financial Times reported the development, though the specific structure of the deal remains undisclosed. Amazon continues to invest heavily in its cloud infrastructure to support growing AI demands.
Why it matters
This move allows Amazon to reduce its reported capital expenditure and improve its balance sheet, potentially signaling a shift in how major tech firms account for massive AI hardware investments.
Read the original report — Bloomberg
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