Amazon reportedly exploring a special-purpose vehicle to offload $8 billion in Nvidia AI chips to investors

Amazon is reportedly in discussions with investors to create a new special-purpose vehicle (SPV) to offload approximately $8 billion worth of advanced Nvidia Grace Blackwell chips. The cloud giant would then lease these chips back from the SPV, which would be financed through debt issuance and potentially an equity stake of up to 10% from Amazon. This move aims to strengthen Amazon's balance sheet by adopting a more asset-light approach to its expensive semiconductor investments.