By Yahoo Finance Video
Publication Date: 2026-04-09 15:04:00
00:00 Speaker A
We talked earlier in the week about um about Jamie Diamond’s annual letter. Andy Jassi out with his annual letter today too. and his letter
00:09 Speaker A
is much more focused on Amazon and much less focused on like the state of the world.
00:14 Speaker B
Yes.
00:14 Speaker A
Um but the skimming through his letter, the one area that I really thought was interesting was when he talked about the chips business at
00:23 Speaker B
Yes.
00:23 Speaker A
Amazon because a lot of his his letter was sort of reflecting on the history of Amazon and how they have pivoted and how they try a lot of different things and only some of them work.
00:30 Speaker A
Um and so now he is talking about how big their chip business has become. He gets in a little dig at Nvidia, I thought where he was sort of like, of course we’re always going to provide Nvidia GPUs.
00:41 Speaker B
Okay, I’m just reading that. I didn’t see that as a dig, but I but I’m looking at it right now. Okay right.
00:43 Speaker A
But some but sometimes peop our customers are going to want more cost-effective chips. And that’s where we step in with our with our tranium uh chip. So,
00:52 Speaker B
Yeah.
00:52 Speaker A
I I thought that was I mean, maybe it wasn’t a dig, but it’s just a statement of fact that Nvidia’s chips are expensive and there’s are less so. But I thought I did think that…
