Amazon will start selling its Trainium AI chips outside AWS in late 2027, CEO Andy Jassy said on the October 29 earnings call, and shares fell about 7% after hours. Third-quarter revenue and EPS missed estimates, trailing free cash flow was negative $42.4 billion, and the midpoint of fourth-quarter operating income guidance was $31 billion, below the roughly $32.9 billion consensus. Jassy argued that keeping chips inside AWS generates more revenue and free cash flow than selling them, since they are used over 5 to 6 years. AWS revenue grew 39.3% to $46.0 billion, and the article outlines a mid-case target of about $570 beyond 2030, which relies on AWS growth above 40% in 2027 and 2028 as Jassy projects.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Amazon Will Sell Its Trainium Chips Outside AWS in Late 2027. Here’s Where the Stock Could Go by 2030
Read the original on Yahoo Finance ↗
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AMZNsemiconductorscloud computingartificial intelligence
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/29/2026 | 213.72 |
| Change that session | -0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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