✉news TechnologySemiconductors first seen 13 h ago, last 56 min ago, peak #24
Amazon to move US$8bn of chips off its books
Original: Amazon to move US$8bn of chips off its books: ‘FT’
Amazon is set to move US$8 billion of semiconductor chips off its own balance sheet, according to a report by the Financial Times cited by the Taipei Times. The arrangement, reported as a deal between Amazon and chip suppliers, would shift ownership of the chips away from the tech giant. Details of the counterparties, timing and financial impact have not been made public, and Amazon has not been quoted in the available coverage.
Why now: The scale of the reported off-balance-sheet deal and its implications for Amazon's finances and the chip supply chain are drawing attention.
AmazonFinancial TimesTaipei Times
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- Amazon to move US$8bn of chips off its books: ‘FT’ · taipeitimes.com
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