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Amazon Seeks Investors to Own $8 Billion in Nvidia AI Chips, Then Lease Them Back
M
Moneycontrol•02-10-2026, 10:51
Amazon Seeks Investors to Own $8 Billion in Nvidia AI Chips, Then Lease Them Back
- •Amazon is reportedly looking to offload approximately $8 billion worth of advanced Nvidia chips to investors through a new special-purpose vehicle (SPV).
- •The move aims to strengthen Amazon's balance sheet by adopting a more asset-light approach for its expensive semiconductor investments.
- •Amazon has held discussions with investors regarding the deal, which would involve thousands of Grace Blackwell chips installed in US data centers.
- •The cloud giant plans to lease the AI chips back from the SPV, which would be funded by outside investors through debt issuance.
- •Amazon intends to offer an equity stake of up to 10% in the vehicle, with the chips already installed in over a dozen US data centers across five states.
Key Questions Answered
Amazon is seeking to offload about $8 billion of advanced Nvidia Grace Blackwell chips through a special-purpose vehicle to strengthen its balance sheet and adopt a more asset-light approach.
Amazon has held talks with investors to move thousands of its installed Nvidia chips into a special-purpose vehicle, offer an equity stake of up to 10% in the vehicle, and then lease the advanced AI chips back.
The chips involved in the proposed deal are installed in more than a dozen US data centres across five states, which include Nevada and Virginia.
