Hey everybody, Dave Bartosiak with Trending Stocks at Zacks.com. It all started with a nerd in a garage, trying to sell books. Now it’s evolved into a nerd on a megayacht trying to send space ships to Mars. Amazon AMZN is the great American capitalist success story. The company’s AWS division has become the profit center. Nearly three-quarters of Amazon’s operating profit comes from AWS.The company is aiming to squeeze out even more profits by unveiling its own line of high-end chips. Customers can now rent computing power that relies on the company’s new version of its Graviton chips. According to executives, the product is a springboard to making high-performance computing available to the masses.These new chips will be a more-cost effective computing solution when compared to chips from juggernauts like Nvidia NVDA and Intel INTC.With Amazon entering the chip fray, let’s check-in on the stock and the chip industry to see if now is the time to buy.Every time you share this video, Amazon enters and dominates yet another business. Subscribe to the YouTube channel, Twitter @bartosiastics, check out Zacks.com/promo for this week’s deal on Marijuana Innovators. For everybody at Zacks, I’m Dave Bartosiak and I’ll see you next time. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research