Amazon evolved from one of the world’s largest online retailers into a tech powerhouse and a hyperscaler.  Amazon Web Services (AWS), a cloud computing platform, became the most important part of its business thanks to the artificial intelligence boom.

The backbone of Amazon’s AI strategy is its custom-made Trainium AI accelerator chips, designed in partnership with Marvell (MRVL).

Amazon reported its Q4 earnings on Feb. 5. The stock took a dip, closing 5% lower on the next day, according to Yahoo Finance.

What alarmed some investors was Amazon President and CEO Andy Jassy’s statement in the earnings release. “With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and…