Fool.com contributor Parkev Tatevosian discusses what Amazon (AMZN +3.99%) building its own chips could mean for Nvidia (NVDA +2.17%).
*Stock prices used were the afternoon prices of Sept. 2, 2023. The video was published on Sept. 4, 2023.
Does Nvidia Need to Watch Out for Amazon?
By Parkev Tatevosian, CFA – Sep 6, 2023 at 4:30AM
NASDAQ: AMZN
Amazon
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$2.7T
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Amazon has anticipated the soaring demand for CPU and GPU technology.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.