Amazon seeks to offload $8B of Nvidia chips to investors

Amazon is reportedly seeking to sell $8 billion worth of unused Nvidia graphics processing units (GPUs) to investors, according to a Financial Times report. The move is seen as a way for the e-commerce giant to free up cash and reduce inventory. The GPUs in question are reportedly high-end models, but the exact models and specifications are not specified. Amazon has been using the GPUs for its cloud computing business, but has seen a decline in demand due to a shift towards less power-hungry applications.