BREAKFAST NEWS : A ONE - LINE FIX COULD SHAKE UP AI

What happened: Amazon released TorchNeuron, an open-source tool that lets PyTorch code run on AWS Trainium chips with one setting, challenging Nvidia's core defense. Amazon also signed a 3M deal tied to optical hardware purchases. Key numbers: Amazon closed almost 5% higher Monday at $262.45. Amazon says 85% of AI developers write in PyTorch. Why it matters: Amazon wants better bargaining power in chip deals while still planning to deploy two million additional Nvidia GPUs in 2027 and 2028. Morgan Stanley's fresh target and growth projections followed the Monday updates.

Amazon released TorchNeuron, an open-source tool that lets PyTorch code run on AWS Trainium chips with one setting, challenging Nvidia's core defense. Amazon also signed a 3M deal tied to optical hardware purchases.

Amazon wants better bargaining power in chip deals while still planning to deploy two million additional Nvidia GPUs in 2027 and 2028. Morgan Stanley's fresh target and growth projections followed the Monday updates.