Is Amazon CEO Jassy wrong about his custom chips bet?

Quick Read

• Jim Cramer criticized Amazon (AMZN) CEO Andy Jassy for building custom silicon instead of going all-in on Nvidia (NVDA), but Jassy’s strategy is working: Amazon’s Graviton and Trainium chips business generates over $10 billion in annual revenue run rate with triple-digit year-over-year growth.

• Trainium2 delivers 30 to 40% better price performance than comparable GPUs, and AWS achieved a 35% operating margin in Q4 2025 despite massive infrastructure spend, proving the custom silicon thesis is compounding into real margin improvement at scale.

• Cramer’s real concern should be Amazon’s lag in consumer AI interfaces like Alexa, not infrastructure choices, as AWS revenue grew 24% year-over-year but the consumer AI story requires more work.

• A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream,…