$Amazon(AMZN.US) $NVIDIA(NVDA.US)
BREAKING FROM THE INFORMATION: - AMAZON IN TALKS TO INVEST $10B+ IN OPENAI, VALUING IT OVER $500B. - OPENAI PLANS TO USE AMAZON'S TRAINIUM AI CHIPSBullish Amazon, not really bearish Nvidia, AMD, or Broadcom in my opinion. Market may interpret it as bearish, but the chip ecosystem is massive and only growing even with custom ASICs. The bigger question is how OpenAI continues to get every single important tech company to invest in them and tie part of their success to OpenAI's ability to scale...Source: amit
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