Hello and welcome to Morning Brief Market Sunrise. I'm Ally Canal live from Yahoo Finance's studios in New York City. It's Friday, October 1st.Happy Halloween. And coming up on today's show, President Trump heads home after his high-profile meeting with China Xi Jinping. Be is staying in South Korea for talks with the leaders of both Canada and Japan.Plus, Nvidia strikes a major deal in South Korea, supplying hundreds of thousands of AI chips as the country pushes for sovereign AI. And Apple and Amazon shar ...

Welcome back to Market on Close. I'm Sam Vardis on the floor of the New York Stock Exchange alongside Marley Caden in our Chicago headquarters. So, let's welcome in Andy Wong who's the managing partner running me Capital Management.Thanks so much for your time, Andy. So, we've got these Amazon earnings. The numbers looked good, a beat on the top and bottom line, but it really was that 33 billion on AWS that seemed to get the stock off to the races.Yeah, I think that this is exactly the kind of report Amazon ...

AI Infrastructure Development - Amazon's Project Reineer in Indiana rapidly transformed farmland into a large-scale AI data center in about a year [1][2][8] - The Indiana site will consist of 30 buildings on 1,200 acres, consuming 2.2 gigawatts of electricity [6] - Amazon plans to run over 1 million Tranium 2 chips jointly by the end of the year [3] - Amazon invested $11 billion in the Indiana data center project [10] Technology and Innovation - Amazon is using its own custom Tranium 2 chips and plans to deploy Tranium 3 chips, without relying on NVIDIA GPUs [2][20][44] - Tranium 2 offers 30-40% better price performance than rival GPU instances [22] - Amazon is developing Tranium 3 with Anthropic, focusing on improved performance, latency, and power consumption [31] Economic and Environmental Impact - Indiana granted Amazon over $4 billion in property and technology tax exemptions over 35 years, and state legislation will save Amazon $4 billion more over 50 years [11] - The state anticipates a GDP improvement of over $1 billion and the creation of approximately 1,000 long-term jobs [12] - The 2.2 gigawatt AWS site will consume as much electricity as 1.5 million average homes in the INM service area [36] - INM anticipates peak power demand to more than double from approximately 2.8 gigawatts in 2024 to over 7 gigawatts by 2030 [37] Partnerships and Strategy - Amazon has invested approximately $8 billion in Anthropic as its key AI partner [28] - Anthropic has used AWS as its primary cloud provider since Amazon's first major investment in 2023 [29]

Amazon's AWS unveiling a new chip to take on Nvidia in the cloud wars and Christina Partzene is live uh in Austin, Texas. Good morning. Good morning.This is where Amazon Web Services chips are born. This is Anna Pernal Labs. It used to be once very top secret, but now they're letting you know media journalists like me inside.And today they're announcing that their latest Graviton 4 chip, that would be their CPU, is now offering 600 gigabytes per second of networking bandwidth, which would be potentially the ...