Amazon’s Chip Unit Tops $20B Annual Run Rate, Einride to Deploy 75 Trucks
Amazon's chip business has surpassed a $20 billion annual run rate while the company launched a GLP-1 management program priced at $25 with insurance ($149 cash). Einride filed for a $1.35 billion Nasdaq SPAC valuation and plans to deploy 75 electric trucks across five U.S. sites with Amazon.
1. Chip Business Exceeds $20B Run Rate
Amazon’s semiconductor division has achieved an annualized revenue run rate exceeding $20 billion, driven by strong uptake of its custom AI chips for cloud computing and data centers. This milestone underscores the growing contribution of in-house silicon to Amazon’s overall margins and competitive positioning in AI infrastructure.
2. Launch of GLP-1 Management Program
Amazon One Medical and its pharmacy arm introduced a GLP-1 management service that simplifies access to weight-management therapies, pricing consultations at $25 with insurance and $149 for cash-pay patients. The program leverages Amazon’s logistics network for one-day delivery, aiming to capture market share in the burgeoning personalized care segment.
3. Einride SPAC Filing and Truck Deployment
Swedish electric truck maker Einride filed an F-4 registration with Legato Merger Corp. III, valuing the combined entity at $1.35 billion and targeting roughly $333 million in gross proceeds. Under its expanded Amazon partnership, Einride will deploy 75 heavy-duty electric trucks across five U.S. locations to support last-mile logistics and reduce carbon emissions.