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Update: Market Chatter: Amazon's Nvidia-based Systems to Come Online in Early 2025, Later Than Originally Planned
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Update: Market Chatter: Amazon's Nvidia-based Systems to Come Online in Early 2025, Later Than Originally Planned
Oct 17, 2024 12:24 PM

03:12 PM EDT, 10/17/2024 (MT Newswires) -- (Updates with response from Amazon ( AMZN ), Nvidia ( NVDA ) in the last paragraph.)

Amazon.com's ( AMZN ) cloud computing unit expects to bring online new systems running Nvidia's ( NVDA ) Blackwell chips in early 2025, later than originally planned, Bloomberg reported Thursday, citing the unit's chief executive.

Amazon Web Services CEO Matt Garman told Bloomberg in a televised interview that Nvidia's ( NVDA ) timelines had shifted after a production change.

"It'll probably be next year before we get production samples in real volume," Garman was quoted as saying in the interview.

AWS was due to bring online Blackwell-based products by the end of 2024 but The Information reported in August that Nvidia ( NVDA ) was delaying the chips due to design flaws, with shipments not due until Q1 2025.

Amazon ( AMZN ) and Nvidia ( NVDA ) declined to comment when contacted by MT Newswires.

(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.)

Price: 187.75, Change: +0.86, Percent Change: +0.46

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