A report cites a conversation with an AWS executive but notes that the e-commerce and cloud giant had yet to make a financial determination on its plans.
Shares of Advanced Micro Devices Inc. were getting a lift in Wednesday’s premarket action after Reuters reported that Amazon.com Inc.’s AWS cloud-computing business was considering using the company’s new artificial-intelligence chips.
AMD... Shares of Advanced Micro Devices Inc. were getting a lift in Wednesday’s premarket action after Reuters reported that Amazon.com Inc.’s AWS cloud-computing business was considering using the company’s new artificial-intelligence chips. AMD shares AMD were ahead 2.3% in premarket trading Wednesday after they declined 3.6% in Tuesday’s regular session following a presentation of the company’s new AI offerings.Representatives from Amazon’s AMZN AWS and AMD didn’t immediately respond to a MarketWatch request for comment on whether the companies had plans to work together.
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