Nvidia Stock Gains. Amazon Had Good News for the Chip Maker.
Core Viewpoint - Nvidia's stock is rising due to Amazon's statement that demand for AI capacity exceeds supply, aligning with trends observed among other major cloud-computing companies [1] Group 1 - Amazon's comments reflect a broader trend in the cloud-computing industry regarding AI capacity demand [1] - The increasing demand for AI capabilities is creating a favorable environment for Nvidia's growth [1]