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Amazon stock rises on new AI chip deal with Anthropic, signaling Wall Street confidence in custom semiconductor strategy

Amazon stock rises on new AI chip deal with Anthropic, signaling Wall Street confidence in custom semiconductor strategy

Amazon announced a deal with Anthropic (an AI safety company backed by Google) to use Amazon's custom AI chips for running Anthropic's Claude AI models. Wall Street analysts interpreted this as validation that Amazon's in-house chip technology can compete with Nvidia's industry-standard GPUs (graphics processors).

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