Morgan Stanley names beneficiaries of Amazon AWS’ Trainium 2 AI chip

Morgan Stanley has identified the companies that are set to benefit from Amazon ‘s launch of its new artificial intelligence chip. The Big Tech giant’s cloud computing division Amazon Web Services launched its Trainium 2 AI chip earlier this month. AWS hopes these chips will help it diversify away from Nvidia , its primary AI chip supplier. Strong demand for AI chips over the past two years has led to outsized profits for Nvidia, and has made it the second most valuable company in the world. Big Tech giants, such as Microsoft and Google , have also launched AI chips that compete with Nvidia’s. Morgan Stanley believes seven companies, all based in Taiwan, are expected to be