Amazon Says Chip Business Tops $25 Billion in Annual Revenue, Growing at Triple-Digit Rate
Updated
Updated · Bloomberg · Aug 24
Amazon Says Chip Business Tops $25 Billion in Annual Revenue, Growing at Triple-Digit Rate
3 articles · Updated · Bloomberg · Aug 24
Summary
$25 billion in annual revenue is what Amazon CEO Andy Jassy said the company’s semiconductor operation would generate as a standalone business, underscoring how large its in-house chip effort has become.
Triple-digit percentage growth is still driving that business, Jassy told analysts in July, suggesting Amazon’s data-center chip sales are expanding rapidly alongside AI infrastructure demand.
Amazon remains a major Nvidia customer even as it builds one of the world’s largest data-center chip operations, highlighting how big cloud providers are both fueling and challenging Nvidia’s dominance.
The disclosure adds to evidence that the trillion-dollar AI chip market is broadening beyond pure buyers of Nvidia hardware, with major customers increasingly becoming chip makers themselves.