Dor skuler joins in just a bit. Im Katie Greifeld in new york. Looking at markets, it is quiet. The s p 500, we can call that unchanged but the direction is lower. More so if you look at big tech. All eyes on nvidia tomorrow which we will get to do in a moment. Looking at the big benchmark, currently lower by. 2 and even more so if you look at the Philadelphia Semiconductor index, currently down by 1. 3 . That is because nvidia shares are a dropping after the Financial Times reported that Amazon Web Services has halted orders of the Company Super chip. According to the ft, aws is no longer placing orders as it waits for a new, more powerful model. You have nvidia shares lower but reading the report, this doesnt necessarily seem like bad news for the company. Mandeep amazon is a mid to medium buyer. Revenue tracking a hundred billion next year. Amazon just by virtue of its cap acts is among the largest buyers of nvidia chips and the fact that this is a negotiation tactic. They want the
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We are eternally thankful to doctors, scientists and engineers who have used their God-given minds to better humankind through technology. As a result, our lives are healthier, longer and blessed.