Amazon reportedly considers moving $8 billion in GPUs off its books

Amazon is reportedly considering moving about $8 billion worth of NVIDIA GPUs to special-purpose companies, a move that could take the chips off its balance sheet while preserving its access to them.

The report comes from the Financial Times. According to the source, Amazon would retain control of and access to the GPUs, while shifting some of the costs and risks of owning the chips to outside investors. The report does not specify when or whether the plan will proceed.

The proposal is part of a broader trend of treating NVIDIA GPUs as financial assets. GPU-backed bonds are also emerging as a financing approach in the industry, according to the source.

The source headline also refers to a $500 billion NVIDIA GPU plan and suggests Wall Street is growing wary of it. The supplied material does not provide further details about that plan or the reported investor concerns.