Amazon is seeking to offload $8 billion worth of Nvidia chips to investors, moving the inventory off its balance sheet.

What it means

Amazon is attempting to sell approximately $8 billion worth of Nvidia graphics processing units (GPUs) to external investors, a move that would remove the inventory from its balance sheet. This suggests Amazon may have over-ordered chips for its cloud computing and AI services and is now seeking to offload excess stock, potentially signaling a shift in demand or a strategic realignment of its hardware investments.

Accuracy & sourcesGrounded

The claim originates from the Financial Times, a reputable secondary source that typically cites unnamed insiders or documents. The story has been corroborated by multiple outlets including Bloomberg, Reuters, and Taipei Times, lending it high credibility. The FT's reporting is the primary source for this specific financial maneuver, and the widespread pickup indicates the claim is solid.

How new

This is genuinely new reporting from October 2, 2026, with no indication of being a resurfaced older story.

Go deeper

• Financial Times (Home) — first to publish