Tevel

World news, in Hebrew and English

Report: Amazon Seeks to Offload $8B in Nvidia Chips to Investors

The tech giant is looking to offload approximately $8 billion worth of Nvidia chips to investors, according to the Financial Times.


Amazon's Day 1 tower in Seattle, 2017
Amazon's Day 1 tower in Seattle, 2017 · Photo: Adamajreynolds · CC BY-SA 4.0 · Wikimedia Commons

Amazon is seeking to offload Nvidia chips worth approximately $8 billion to investors, according to reports by the Financial Times and Reuters. The report was also carried by news outlet KSL.

At this stage, details regarding the identity of the investors have not been disclosed, nor has it been made public whether binding talks are currently underway with specific entities.

Additionally, the planned timeline for the deal and the exact chip models involved remain unknown. Further details have not yet been released.

Sources: KSL.com, Reuters, Seeking Alpha, Financial Times

Generated automatically by the Tevel desk and labelled as such.