## Amazon’s Custom Chip Business Reaches Multibillion-Dollar Status, Says Jassy
Amazon’s venture into custom-designed chips, aimed at competing with industry giants like Nvidia, has already blossomed into a multibillion-dollar business, according to CEO Andy Jassy. Speaking recently, Jassy highlighted the rapid growth and significant financial impact of these proprietary semiconductors.
The e-commerce and cloud computing behemoth has been investing heavily in developing its own chips for various applications, including powering its AWS data centers for artificial intelligence workloads and general computing tasks. This strategic move aims to reduce reliance on external suppliers, optimize performance for Amazon’s specific needs, and potentially lower costs in the long run. Jassy’s remarks underscore the success of this internal innovation, signaling a powerful new revenue stream and a deepening commitment to vertical integration within the tech giant.