Nvidia to sell 1 million GPUs to Amazon through 2026 and 2027

"Nvidia and Amazon Web Services said this week that AWS had reached a deal to buy its 1 million GPUs but had not disclosed the precise timing ​of the deal. Ian Buck, vice president of hyperscale and high-performance computing ​at Nvidia, told Reuters on Thursday that the sales would start ⁠this year and extend through 2027." "Nvidia and Amazon did not disclose the financial terms of their deal. But Buck told Reuters the transaction contains a broad mix of Nvidia ​chips beyond the 1 million GPUs, including Nvidia's Spectrum networking chips and ​the Groq chips that Nvidia released this week after its $17 billion licensing deal with an AI ‌chip ⁠startup late last year." https://www.reuters.com/business/retail-consumer/nvidia-sell-1-million-chips-amazon-by-end-2027-cloud-deal-2026-03-19/ ------- Revenue from this deal would be at least $60 billion for 2026 and 2027. * 1 million GPUs at $35,000 each would be $35 billion. * 1 million Grok inference chips, assuming 1:1 quantity ratio as GPUs, at $15,000 each would be $15 billion. * Networking equipment which would be around $7 billion based on the latest quarterly trend of compute to networking revenue ratio of 7:1. * Software license for these two years would be around $3 billion. --------- Position: Holding NVDA and AMZN since 2021. NFA.