Report: Amazon to sell and lease back $8B of AI chips

On October 3, 2026, SiliconANGLE reported that Amazon.com Inc. plans to offload some of its artificial intelligence chips and then lease them back. The outlet attributed the story to the Financial Times, which cited sources. Under the reported structure, the transaction would run through a special purpose vehicle, or SPV — a type of legal entity that companies set up to handle the administrative side of large asset arrangements more efficiently.

The deal is described as being worth about $8 billion. That figure and the SPV detail are the two concrete points in the report. The chips involved are identified only as AI chips, with no model names, quantities, or specifications given, and no indication of which parts of Amazon's AI chip fleet would be affected.

The report does not name a buyer, a leasing counterparty, or the length of the leaseback. It also gives no timeline for when a sale or a leaseback would take place, and it does not say whether the arrangement has been signed, is under negotiation, or remains a plan. No statement from Amazon appears in the coverage.

The Financial Times account rests on unnamed sources, and SiliconANGLE's item relays it, so the details remain unconfirmed by the company. As of the October 3 report, the matter stands at the stage of press reporting based on anonymous sourcing, with no official announcement from Amazon.