10:40 AM EDT, 03/18/2025 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response to a request for comment.)
Amazon's ( AMZN ) Amazon Web Services is sharply undercutting Nvidia ( NVDA ) on price, offering cloud customers on rental servers powered by its Trainium chip, which would offer the same computing power as Nvidia's ( NVDA ) H100 chip at 25% of the cost, The Information reported Tuesday, citing a longtime AWS cloud customer.
Nvidia ( NVDA ) declined to comment when contacted by MT Newswires while Amazon ( AMZN ) didn't immediately reply to a request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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