According to @KobeissiLetter, Amazon (AMZN) shares surged after the company announced a new in‑house AI chip described as more cost‑effective than Nvidia’s. Source: The Kobeissi Letter on X, Dec 2, 2025. The source confirms a bullish move in AMZN tied to the cost‑efficiency claim versus Nvidia but does not provide the magnitude of the price change or chip specifications. Source: The Kobeissi Letter on X, Dec 2, 2025. No direct cryptocurrency market impact or token mentions are cited in the source. Source: The Kobeissi Letter on X, Dec 2, 2025.