🚨 Amazon is challenging Nvidia on multiple fronts. Morgan Stanley raised its AMZN price target from $335 to $350, keeping its Overweight rating as AWS growth expectations climb. 📈 AWS growth forecasts are rising: • 2027: 47%, up from 41% • 2028: 42%, up from 37% One key driver? AWS reportedly plans to deploy around 2 million Nvidia GPUs over those years. But Amazon isn’t just buying Nvidia chips. It’s building alternatives. 🧠 TorchNeuron lets developers run existing PyTorch code on Amazon’s own Trainium chips with a single settings change, without rewriting their code. It’s in public beta, with an open-source release planned for Tuesday at the PyTorch Conference. That puts pressure on one of Nvidia’s biggest advantages: its CUDA software ecosystem. ⚛️ And then there’s power. Amazon, AEP and X-energy are studying a potential 960 MW small nuclear reactor project at a retired coal plant in Indiana. Important distinction: this is a feasibility study, not a construction commitment. The bigger picture is clear: Amazon is scaling AI compute, developing its own chips and exploring new power sources to support future demand. The AI race isn’t just about who has the best model. It’s about chips, software, compute and electricity. Nvidia remains a major supplier. But Amazon wants more control over the entire stack. 👀 #Amazon #AMZN #Nvidia #NVDA #AWS #AI #Semiconductors #NuclearEnergy #TechStocks