# Andy Jassy used his annual letter to shareholders to tout Amazon's AI chip progress.

*semiconductor · news · 2026-04-09 · Business Insider*

## Key points

- Amazon's latest Tranium3 chip is 30-40% more price-performant than its previous model.
- A significant chunk of Tranium 4 chips has already been reserved 18 months before launch.
- Amazon's chip business now has an annual revenue run rate exceeding $20 billion and is growing.
- Amazon expects Tranium chips to save tens of billions in annual capital expenditures at scale.

**Companies:** Amazon, Nvidia, Anthropic, Uber
**Countries:** United States

[Read the full story on Business Insider](https://www.businessinsider.com/andy-jassy-amazon-shareholder-letter-nvidia-chip-dominance-new-shift-2026-4)

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