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Nvidia could build a cloud business to rival AWS: The Information

^{Published on 2024-12-18 12:20:46 - Yahoo Finance}
 

• Nvidia (NVDA) shares are trading higher following a report from The Information that the chip maker could build a cloud business that rivals Amazon's (AMZN) cloud segment, Amazon Web Services (AWS). Madison Mills and Josh Schafer take a closer look on Catalysts.

The video from Yahoo Finance discusses Nvidia's potential to expand into the cloud computing sector, leveraging its expertise in AI and graphics processing. Nvidia, traditionally known for its GPUs, is exploring opportunities to build a cloud business that could rival existing giants like Amazon Web Services, Microsoft Azure, and Google Cloud. The discussion highlights Nvidia's strategic moves, including partnerships and acquisitions aimed at enhancing its cloud offerings. Experts in the video suggest that Nvidia's deep understanding of AI workloads and its hardware could give it a unique edge in providing specialized cloud services tailored for AI and machine learning applications. However, the video also notes the challenges Nvidia might face, such as the need for significant infrastructure investment and competition from established players in the cloud market.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/video/nvidia-could-build-cloud-business-162648272.html ]

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