Amazon (NASDAQ: AMZN) is reportedly exploring external sales of its custom AI chips, creating a potential new catalyst beyond AWS. If Trainium and Inferentia gain traction, Amazon could challenge Nvidia's pricing power while expanding its role in AI infrastructure. But execution risk, software ecosystems, and free cash flow pressure still matter.

Stock prices used were the market prices of July 1, 2026. The video was published on July 12, 2026.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

• Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $547,840!*
• Apple: if you invested $1,000 when we doubled down in 2008, you’d have $60,098!*
• Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $395,679!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon.

*Stock Advisor returns as of July 13, 2026.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.