Investing.com -- Amazon.com Inc (NASDAQ:AMZN) is fundamentally altering its hardware procurement playbook, agreeing to purchase billions of dollars in Nvidia Corp. graphics processors before its data centers are equipped with the power to run them. According to internal August emails obtained by Business Insider, the cloud giant established a new "Early Rack Receipt" program to take delivery of roughly $5 billion in Nvidia GB300 server racks at U.S. facilities ahead of final deployment, with expectations to accept an additional $3 billion in hardware each month for the foreseeable future. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.