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Amazon to Move $8 Billion of Chips Off Its Books

Original: Amazon to Move $8 Billion of Chips Off Its Books, FT Says

Amazon plans to move about $8 billion of chip assets off its balance sheet, according to a Financial Times report picked up by Bloomberg. The arrangement is tied to financing of semiconductors used in the company's data center operations, allowing the retail and cloud giant to spread costs rather than carry them directly. The scale of the deal has drawn attention given Amazon's massive AI infrastructure spending.

Why now: Investors are scrutinizing how tech giants finance their enormous AI and chip purchases amid rising capital expenditure.

AmazonFinancial TimesBloomberg

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