Amazon's Chip Business Soars: $20 Billion Revenue and Bold Future Plans!

Andy Jassy's 2026 shareholder letter reveals Amazon's custom chip business generates over $20 billion annually, growing at triple-digit rates. He asserts the venture, if sold separately, could be worth $50 billion. Amazon may soon sell chips to third parties. Jassy defends a $200 billion capital expenditure plan, citing significant customer commitments like OpenAI. The growing demand for Amazon's chips signals a shift in AI infrastructure.