Nvidia Expands AI Partnership With Amazon Web Services

The announcement, reported by Yahoo Finance on September 1, concerns an expanded partnership between Nvidia and Amazon Web Services. It therefore establishes a strategic tie-up rather than a quantified change to either company’s outlook.

The relationship adds to an existing AI infrastructure buildout in which cloud providers have been important channels for Nvidia’s accelerators. Nvidia enters the announcement from a position of scale, with fiscal 2026 revenue of $215.9B, up 65.5% year over year, and reported gross and net margins of 71.1% and 55.6%. AWS sits inside Amazon, whose fiscal 2025 revenue was $716.9B, up 12.4% year over year, with a 10.8% net margin.

For Nvidia, the mechanism is primarily demand and distribution: AWS can deploy Nvidia-powered infrastructure and make that capacity available to its cloud customers. For Amazon, the partnership can support AWS’s ability to offer AI computing services while connecting those services to a widely used chip platform.

The main limitation is the lack of disclosed economics.

The next useful evidence would be a dated company disclosure, an earnings report or management commentary that quantifies deployment, capacity or revenue impact. For Nvidia, the next financial print would help test whether hyperscaler demand remains consistent with its existing growth profile. For Amazon, AWS commentary would show whether the expanded relationship translates into stronger AI-related demand or improved cloud monetization.

Until those details appear, the announcement is best treated as strategic confirmation rather than a standalone earnings revision. The open issues are the size of the commitment, the timetable for deployment, the economics of the arrangement and whether AWS customers convert additional AI capacity into recurring cloud revenue.