Over the past few years, the Magnificent Seven have dominated the market, with artificial intelligence becoming the biggest growth engine behind the group’s rally.
That debate now centers on Nvidia (NVDA) and Amazon (AMZN) after Nvidia just said it will sell 1 million AI chips and other products to Amazon Web Services (AWS) by the end of 2027, which tells how deeply the two companies are tied to the next phase of AI demand. For Nvidia, the deal reinforces its grip on the chip market. For Amazon, it highlights the scale of its cloud AI ambitions and the growing importance of AWS in the AI race.
