Fool.com contributor Parkev Tatevosian discusses what Amazon (AMZN 1.62%) building its own chips could mean for Nvidia (NVDA 1.28%).
*Stock prices used were the afternoon prices of Sept. 2, 2023. The video was published on Sept. 4, 2023.
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Does Nvidia Need to Watch Out for Amazon?
By Parkev Tatevosian, CFA
–
Sep 6, 2023 at 4:30AM
NASDAQ: AMZN
Amazon
Market Cap
$2.4T
Today's Change
(1.62%) $3.56
Current Price
$223.48
Price as of July 3, 2025, 12:58 p.m. ET
Amazon has anticipated the soaring demand for CPU and GPU technology.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com and Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Amazon
AMZN
$223.48
(1.62%)
$3.56
Nvidia
NVDA
$159.26
(1.28%)
$2.02
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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