Microsoft's use of tens of thousands of Blackwell GPUs underscores the chip's popularity among large clients.

AWS is actively securing high-profile clients and aims to provide a comprehensive three-layer AI service model for developers and businesses of all sizes.

Nvidia's CEO Jensen Huang recently provided optimistic updates about the company's trajectory, particularly highlighting the promising future of generative AI, which is expected to significantly benefit Amazon.

Nvidia's latest chips, known as Blackwell, are experiencing high demand from major cloud computing clients, including Amazon and Microsoft, accounting for 70% of Nvidia's data center sales in the first quarter.

Despite facing regulatory challenges that affected chip shipments to China, Nvidia's adjusted earnings per share reached $0.96, exceeding the forecast of $0.93.

In response to the increasing demand for AI capabilities, Nvidia is developing even more powerful chips, including the Blackwell Ultra, which is already being rolled out.

Huang emphasized the transformative potential of AI across various industries, positioning Nvidia at the forefront of this technological evolution.

Both Huang and Amazon CEO Andy Jassy share a forward-looking vision regarding the expansive role of AI in business, suggesting a bright outlook for their companies.

Jassy echoed Huang's sentiments on generative AI, stressing its integration into nearly every application and the reliance on cloud infrastructure.

Amazon Web Services (AWS) holds a significant 30% market share in cloud services and is investing over $100 billion in AI to capitalize on the growing demand.

For the first quarter of fiscal 2026, Nvidia reported a remarkable 69% year-over-year revenue increase to $44.1 billion, surpassing analysts' expectations.

While Amazon is developing budget-friendly chips for smaller clients, it continues to maintain a strong relationship with Nvidia to meet the needs of larger clients requiring advanced technology.