Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet

AI Summary

Amazon is raising rental prices for high-performance chips as demand for computing capacity continues to grow. The company is also reportedly planning to sell Nvidia processors and lease them back, a move that points to financing pressures among major AI infrastructure providers.

In a sign of the financing crunch facing the hyperscalers financing the AI revolution, Amazon has announced it is raising prices on how much it charges to rent high-performance microchips as it reportedly is going to sell and then lease back Nvidia chips.