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Nvidia (NVDA) recently got another massive vote of confidence from one of the world's biggest cloud companies. Last week, Amazon Web Services, the cloud computing unit of Amazon (AMZN), announced it will deploy two million additional Nvidia GPUs across its global network over the next two years.
The move builds on a partnership that already spans 16 years. For investors watching NVDA stock, it signals that demand for AI chips continues to climb, driven by higher capital expenditures.
