Amazon’s AWS Unveils New Processors to Fuel AI Models in Heated Chip Race
November 29, 2023
🌥️Trending News
Amazon.com ($NASDAQ:AMZN) Inc. is the global leader in e-commerce and cloud computing, and recently, they have pushed further into the chip industry with the unveiling of their newest processors. Aimed at powering AI models, these new processors are a major development in what has become an increasingly heated chip race. AWS’s processors are designed to make training AI models more efficient and faster than ever before. Along with this, they also offer increased performance for high computation tasks such as gaming and deep learning.
With their innovative design, they can provide faster speeds without compromising on power, making them a powerful addition to the chip race. These new processors are just the latest step in AWS’s ongoing commitment to providing the best possible products for their customers, with their new AI tools making it easier and faster for customers to train their models and get better results. With Amazon’s standing as a leader in the chip industry, these new processors are sure to be a major success, and they are just the beginning of a new era in AI models and chip technology.
Stock Price
Amazon’s AWS unveiled a new family of Inferentia processors on Tuesday, expanding their AI chip portfolio to fuel machine learning models. The new processors are designed from the ground up to accelerate the performance of machine learning inference applications. Amazon aims to take on competitors Nvidia and Intel in the heated chip race, and Inferentia is designed to offer a low cost and high performance alternative. The new processor is also compatible with existing frameworks such as TensorFlow, MXNet, and PyTorch.
The news failed to affect AMAZON.COM stock, with their stock opening at $147.0 and closing at the same price on Tuesday, a slight decrease of 0.5% from last closing price of 147.7. Looking forward, investors will be watching to see how Amazon is able to capitalize on their new processor and how it can compete with established chip makers. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amazon.com. More…
| Total Revenues | Net Income | Net Margin |
| 554.03k | 20.08k | 4.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amazon.com. More…
| Operations | Investing | Financing |
| 71.65k | -48.05k | -9.05k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amazon.com. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 486.88k | 303.91k | 17.71 |
Key Ratios Snapshot
Some of the financial key ratios for Amazon.com are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.8% | 9.8% | 4.7% |
| FCF Margin | ROE | ROA |
| 3.1% | 9.3% | 3.3% |
Analysis
Analyzing the fundamentals of AMAZON.COM, as conducted by GoodWhale, reveals that AMAZON.COM is strong in asset, growth, and medium in profitability, but weak in dividend. This categorizes the company as a ‘cheetah’, meaning that it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are looking for high-growth companies that are not heavily reliant on dividends may be interested in AMAZON.COM. Additionally, its high health score of 8/10, considering its cashflows and debt, suggests that the company is capable of sustaining its operations in times of crisis. Therefore, AMAZON.COM could be an attractive investment option for those looking for high-growth investments with some stability and security. More…
Peers
Amazon.com Inc is an American multinational technology company based in Seattle, Washington, that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies, alongside Google, Apple, and Facebook.
PChome Online Inc is a Taiwanese online shopping company established in 2000. PChome Online is the largest e-commerce platform in Taiwan, with over 60% of the country’s online shopping market share.
The RealReal Inc is an American online luxury resale store headquartered in San Francisco, California. The company sells consigned clothing, accessories, jewelry, watches, and art from a variety of luxury brands.
Zalando SE is a German e-commerce company headquartered in Berlin, that specializes in selling shoes, clothing, and other fashion items. The company was founded in 2008 and has since grown to become one of the largest online fashion retailers in Europe.
– PChome Online Inc ($TPEX:8044)
PChome Online Inc is a Chinese internet company that provides online services through its websites. The company offers a variety of services, including online shopping, online payments, online advertising, and others. PChome Online Inc is listed on the Nasdaq Global Market under the ticker symbol PCLN.
As of 2022, PChome Online Inc had a market capitalization of 5.78 billion US dollars. The company’s return on equity was 3.34 percent. PChome Online Inc is a leading player in the Chinese internet market, with a strong presence in online shopping and online payments. The company is well positioned to benefit from the growing trend of online shopping in China.
– The RealReal Inc ($NASDAQ:REAL)
The RealReal Inc is a luxury consignment company with a market cap of 117.51M as of 2022. The company offers consignment services for luxury items such as clothing, jewelry, and watches. The company has a return on equity of 137.64%.
– Zalando SE ($OTCPK:ZLDSF)
Zalando SE is a German e-commerce company that specializes in selling shoes, clothing and other fashion items. The company was founded in 2008 and is headquartered in Berlin. As of 2022, Zalando SE has a market cap of 5.66B and a return on equity of 4.78%. The company’s main competitors are Amazon, eBay and Alibaba.
Summary
Investors may find value in the company’s diverse portfolio of products and services, as well as its expansive international presence.
Additionally, Amazon’s cloud computing, machine learning, and artificial intelligence capabilities provide unique opportunities for continued growth. Amazon’s stock price has risen steadily over the years and currently sits near record highs. Analysts recommend long-term investments in Amazon due to its strong fundamentals and solid growth track record. Short-term investments may be more volatile as market conditions change. As with any investment, investors should carefully consider the risks and rewards when investing in Amazon stock.
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