Amazon designs more powerful data center chip

Amazon.com Inc has said it had designed a more powerful data center processor chip, as it looks to pose a serious challenge to the domination of market leaders Intel Corp and Advanced Micro Devices Inc .
The AWS Graviton 2 processor, which is estimated to be seven times faster than its previous chip, uses technology from Softbank Group Corp-owned Arm Holdings.
Reuters reported last week that Amazon was looking to design a data center processor chip to power its cloud unit.
Data center processor chips are used in cloud computing, an area that is fast emerging as a big business.