Amazon.com Inc. (AMZN) shares edged 0.6% higher in premarket trading on Friday after the Financial Times reported that the e-commerce and cloud giant is seeking to offload about $8 billion worth of advanced Nvidia chips to outside investors through a new financing vehicle.
According to the FT, Amazon has held talks with investors in recent weeks over moving thousands of Nvidia Grace Blackwell chips already being installed across more than a dozen U.S. data centers into a special-purpose vehicle (SPV). Amazon would then lease the chips back from the vehicle, effectively shifting ownership and part of the financing burden to outside investors.
Amazon Looks To Ease AI Spending Burden
Amazon could offer investors up to a 10% equity stake in the vehicle, while the SPV would raise debt to finance the chips, according to the report.
The structure would allow Amazon to pursue a more asset-light approach as it ramps up spending on AI infrastructure, with the company investing heavily in data…
