Possible scenario
Hyperscalers Follow
25% Chance
Amazon's agreement becomes a template for other cloud companies designing in-house AI chips. This would strengthen the bargaining position of leading EDA and IP vendors, especially Synopsys, Cadence and Arm, while reinforcing the longer-term trend of cloud providers reducing reliance on merchant accelerators.
Secondary impacts
- Technology +0.4%
Tickers
- SNPS+5.1%
- CDNS+2.2%
- NVDA-0.6%
- AMZN+0.2%
Portfolio impact
S&P 500+0.1%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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