Amazon explores sale of about $8 billion in Nvidia chips via spin-off structure
On October 2, 2026, Amazon is seeking to sell about $8 billion of Nvidia chip assets to outside investors to strengthen its balance sheet, according to Catenaa. The structure would see Amazon offer up to a 10% equity stake and ultimately hold no ownership in the entity. Amazon has committed to invest about $83 billion in OpenAI and Anthropic, which use Nvidia Grace Blackwell chips to train models. Amazon expects capital expenditure of $220 billion this year, largely for AWS to buy advanced chips and expand AI data centers, and shares of Amazon and Nvidia rose 2% at Friday’s open.