Amazon.com, Inc. (AMZN)[Tv]

Key Developments

• Amazon commits to deploying 2 million Nvidia GPUs across AWS by 2028, marking a transformative pivot toward full-stack AI dominance and solidifying its position as the central nervous system of the global AI infrastructure revolution.
• The U.S. Justice Department expands its antitrust probe into Amazon’s meatpacking operations, demanding six years of pricing and procurement data—signaling a major escalation in regulatory scrutiny over Amazon’s influence on food supply chains and inflation.
• Amazon Air suffers a fatal cargo plane crash at Miami International Airport, operated by third-party contractor 21 Air, resulting in five deaths and raising urgent concerns about safety, oversight, and the scalability of its high-volume air logistics network.
• Amazon announces a $60 billion multi-generation partnership with Qualcomm to co-develop custom AI inference chips and optical connectivity for data centers, representing a pivotal shift toward vertical integration and reduced reliance on NVIDIA.
• FTC and 22 states file a sweeping antitrust lawsuit accusing Amazon of manipulating its ad auction system for years, inflating prices by up to 50% and extracting an estimated $20 billion in illicit revenue—threatening the integrity of its $68.6 billion advertising business.