🟢 AMZN is trading 3% up today as Meta signs major AWS deal for custom AI silicon

AMZN is trading at $262.74 (+3%) following a multi-year deal with Meta Platforms to deploy tens of millions of AWS Graviton CPU cores for agentic AI.

• The agreement positions Meta as one of Amazon's largest custom silicon customers, significantly strengthening AWS cloud revenue prospects.
• The stock's performance aligns with a broader tech sector rally, with the Nasdaq gaining +1.37% driven by a +25% surge in Intel.