By Anan Ashraf
Publication Date: 2025-12-17 18:23:00
The Information reported on Wednesday that Amazon is in talks to invest as much as $10 billion in OpenAI and that a key part of the agreement would be for OpenAI to use Amazon Web Services’ (AWS) Trainium chips.
- Investors are seemingly concerned that a large commitment to Amazon’s in-house chips could potentially reduce OpenAI’s reliance on Broadcom or Nvidia chips.
- Fund manager Ross Gerber opined that publicly traded AI stocks are cheap now following the pullback.
- A Stocktwits user highlighted that they added more of AI-related stocks Nvidia, Oracle and AMB on Wednesday, while starting a position in Broadcom.
Major AI-related stocks such as Broadcom, Super Micro Computer Inc, Nebius and Nvidia traded in the red on Wednesday after a report that Amazon.com Inc. is reportedly eyeing a $10 billion investment in OpenAI sparked a broader AI-stock sell off.
The Information reported on Wednesday that Amazon is in talks to invest as much as $10 billion in OpenAI and that a key part of the…
