$ETH
Amazon packages NVIDIA chips worth $8 billion and sells them
Then rents them back to use
Huang Renxun took one look and exclaimed, “Awesome!”
Wow
Brothers
Last night Amazon pulled off a pretty wild move
Everyone was left scratching their heads
According to reports,
Amazon plans to use a special purpose vehicle (SPV)
to sell approximately $8 billion worth of NVIDIA AI chip assets
to outside investors
Then it rents them back to keep using them
So, you tell me—how cool is this?
It’s like
selling your house to someone else,
but you still live in it
This trick by Amazon is still really smart
They can use chips as financing too
Why do this?
The main reason
is to optimize the balance sheet
High-end AI chip procurement costs a fortune
Buying chips in large quantities ties up massive capital
By spinning off the chip assets
and having external investors pay to hold them,
Amazon only pays rent
which can ease the pressure on capital expenditures
How exactly would they do it?
Set up an independent SPV holding platform for the chips
SPV issues bonds to raise financing
Amazon plans to transfer up to 10% of the equity in the platform
Amazon itself will no longer hold any SPV shares
Once they do this,
the chip hardware remains in Amazon’s data centers
the compute supply won’t be interrupted either
and customers won’t be affected
What does this show?
It shows that high-end AI chips are still hard assets
Institutions are willing to pay to “take over” compute assets
That’s a positive mood boost for the AI space
It can also help lift the sentiment around crypto AI coins
Lao Huang previously talked about this kind of approach
Didn’t expect Amazon to implement it so soon
How awesome is that
#亚马逊拟售80亿美元英伟达芯片
Amazon packages NVIDIA chips worth $8 billion and sells them
Then rents them back to use
Huang Renxun took one look and exclaimed, “Awesome!”
Wow
Brothers
Last night Amazon pulled off a pretty wild move
Everyone was left scratching their heads
According to reports,
Amazon plans to use a special purpose vehicle (SPV)
to sell approximately $8 billion worth of NVIDIA AI chip assets
to outside investors
Then it rents them back to keep using them
So, you tell me—how cool is this?
It’s like
selling your house to someone else,
but you still live in it
This trick by Amazon is still really smart
They can use chips as financing too
Why do this?
The main reason
is to optimize the balance sheet
High-end AI chip procurement costs a fortune
Buying chips in large quantities ties up massive capital
By spinning off the chip assets
and having external investors pay to hold them,
Amazon only pays rent
which can ease the pressure on capital expenditures
How exactly would they do it?
Set up an independent SPV holding platform for the chips
SPV issues bonds to raise financing
Amazon plans to transfer up to 10% of the equity in the platform
Amazon itself will no longer hold any SPV shares
Once they do this,
the chip hardware remains in Amazon’s data centers
the compute supply won’t be interrupted either
and customers won’t be affected
What does this show?
It shows that high-end AI chips are still hard assets
Institutions are willing to pay to “take over” compute assets
That’s a positive mood boost for the AI space
It can also help lift the sentiment around crypto AI coins
Lao Huang previously talked about this kind of approach
Didn’t expect Amazon to implement it so soon
How awesome is that
#亚马逊拟售80亿美元英伟达芯片
