Amazon explores USD 8 billion chip financing. Amazon.com stock sits 11.54 percent below high
Published on 10/09/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Amazon explored a USD 8 billion chip financing structure on October 2, 2026, according to Reuters.
- Second-quarter 2026 revenue rose 20.00 percent to USD 200.61 billion, while AWS revenue grew 36.70 percent.
- Amazon.com stock was EUR 228.48 at Lang & Schwarz on October 9, 2026, up 0.57 percent versus EUR 227.18.
- The stock stood 11.54 percent below its USD 287.20 Nasdaq 52-week high on October 8, 2026.
Amazon explored a USD 8 billion financing structure for Nvidia chips on October 2, 2026, while Amazon.com stock stood 11.54 percent below its Nasdaq 52-week high. Reuters reported that Amazon was discussing a vehicle that would hold thousands of Nvidia Grace Blackwell chips, with Amazon leasing the hardware back for use in US data centers.
Amazon's three recent financial signals
On July 30, 2026, Amazon reported second-quarter revenue of USD 200.61 billion, up 20.00 percent year over year, according to Yahoo Finance. Operating income reached USD 27.50 billion, up 43.00 percent, with USD 1.20 billion of benefits from tariff-related refunds and energy-contract valuation changes.
On September 30, 2026, Rosenblatt Securities raised its Amazon target from USD 335 to USD 360 and kept a buy rating, according to Ground News. The target change adds a valuation counterweight to the financing story, but the target is denominated in USD and is not a substitute for the euro reference price.
On October 2, 2026, Reuters said the proposed vehicle could issue debt and offer outside investors up to a 10.00 percent equity stake. The structure would shift ownership of costly AI hardware while Amazon continued using the chips, making balance-sheet flexibility part of the investment debate.
What does the AI spending mean?
Amazon's second-quarter AWS revenue reached USD 42.20 billion, up 36.70 percent year over year, while AWS operating income was USD 16.60 billion, according to Yahoo Finance's July 30 earnings transcript. Q2 cash capital expenditures were USD 53.10 billion, and management projected full-year 2026 cash capital expenditures of USD 220.00 billion.
The figures show the trade-off clearly: AWS growth is accelerating, but the infrastructure required to support artificial intelligence is consuming substantial capital. The proposed chip structure could change the financing profile of that expansion without changing Amazon's need for computing capacity.
Amazon.com stock and the Nasdaq range
Amazon.com stock was trading at EUR 228.48 at Lang & Schwarz on October 9, 2026 at 3:12 p.m. CEST, up 0.57 percent versus the prior close of EUR 227.18 on October 8, 2026. On Nasdaq, the stock was last at USD 254.06 on October 8, 2026 at 4:00 p.m. ET, with a 52-week range of USD 196.00 to USD 287.20 and a market capitalization of USD 2.7 trillion.
The further course of trading is shown by the continuously updated real-time quote of Amazon.com stock.
Amazon.com stock at a glance
- Company: Amazon.com, Inc.
- ISIN: US0231351067
- Ticker: AMZN
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 9, 2026, 3:12 p.m. CEST): EUR 228.48
- Change versus prior close: plus 0.57 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 227.18
- Market capitalization: USD 2.7 trillion (as of October 8, 2026)
- 52-week range: USD 196.00-287.20 (as of October 8, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
Market context: Market report S&P 500.

