Snowflake Signs $6B AWS Deal -- Nvidia Loses Big

Snowflake just signed a massive $6 billion five-year deal with Amazon Web Services for AI CPU chips in 2026 — and Nvidia is being put on notice. This landmark agreement signals a dramatic shift in AI infrastructure spending, with major cloud customers actively routing around Nvidia's dominance. Amazon AWS continues its meteoric rise as the go-to chip supplier for enterprise AI workloads. Snowflake's bet on AWS over Nvidia could reshape the entire AI hardware landscape and trigger a wave of similar defections from GPU-dependent architectures.

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Source: https://techcrunch.com/2026/05/27/in-more-good-news-for-amazon-snowflake-signs-6b-deal-with-aws-for-ai-cpu-chips/

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