'You've taken us free cash flow negative as a company, so congratulations': Amazon has plenty of Nvidia GPUs, but not enough energy to power its AI boom

Nvidia's RTX 5090 GPU is 'unavailable' from many reputable retailers, approaching an asking price of $9,000 if you happen to track one down on Newegg's marketplace of resellers of dubious virtue. The AI boom is at least in part to blame for this, encouraging team green to shift production resources away from consumer hardware. However, business customers like Amazon are running into logistical issues that just add insult to injury for PC gamers left out in the cold.

Amazon Web Services took delivery of approximately $5 billion of Nvidia GB300 racks in August alone, according to an email seen by Business Insider. Reportedly, the cloud company has also accepted $3 billion worth of hardware each month since. The kicker is that, despite having all of this kit lined up to install in its data centres, AWS does not yet have enough energy to power everything.

This is one reason AWS's free cash flow dropped from $53 billion in Q2 of …