Proactive Investors - Amazon.com Inc (NASDAQ:AMZN) has hit the brakes on orders from NVIDIA Corp (NASDAQ:NVDA, ETR:NVD)’s in anticipation of the AI chipmaker’s next release later this year.
Amazon Web Services’ previous orders for NVIDIA’s Grace Hopper superchip have been “fully transitioned” to contracts for successor Blackwell, the company told the Financial Times.
This comes as concerns have appeared over a dip in demand for NVIDIA chips as customers await the latest technology.
According to Amazon Web Services, the move “made sense”, given “the window between Grace Hopper and Grace Blackwell was small”.
NVIDIA’s latest chip is expected to be rolled out later this year after being unveiled in March, just one year since shipments of its predecessor started.
Chief executive Jensen Huang previously tipped Blackwell would be twice as powerful as products currently on the market, with these used in training artificial intelligence models.
Despite “anxiety about a pause in front of Blackwell”, as highlighted by Morgan Stanley (NYSE:NYSE:MS) this week, analysts are braced for NVIDIA to potentially surprise to the upside in first-quarter results on Wednesday.