Amazon (AMZN) Plans To Reduce Its Reliance On Broadcom (AVGO) By Developing Its Chips: Amazon Web Services (AWS)
Amazon.com’s (AMZN) cloud computing company Amazon Web Services (AWS), wants to drive independence from semiconductor companies by adding its cloud computing system. In an article published Tuesday, The Information said Annapurna Labs, acquired by Amazon in 2015, will be working on chips that will lead to a reduction in AWS’s dependence on Broadcom (AVGO) supplies. […]