Amazon Opens Logistics Network To Everyone; GameStop Wants To Buy eBay? Nvidia Has Lost All Market Share In China; And Apple To Re-partner With Intel
- Dipo Owolabi
- May 5
- 5 min read
Updated: May 7
Amazon is turning its own supply chain into a standalone service and going after UPS and FedEx, GameStop is trying to remake itself with a $56 billion eBay bid, Nvidia says its China business has effectively fallen to zero under export restrictions, and Apple is quietly exploring chipmaking options with Intel and Samsung to reduce its dependence on TSMC. The common theme is control over logistics, marketplaces, semiconductors, and the supply chains that sit underneath the modern economy. All this and more in today’s Read It And Eat! |
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MAJOR HEADLINES
Amazon Opens Up Logistics Network To Other BusinesseS; AWS For Logistics
Amazon is turning one of its biggest internal advantages into an external business. Reuters reports that the company launched Amazon Supply Chain Services, letting other businesses store and ship goods through Amazon’s network, from raw materials to final products, across industries such as retail, healthcare, and manufacturing. The move uses Amazon’s ocean, road, rail, and air network, and is designed to challenge a market that has long been dominated by UPS and FedEx.
The scale of the offering is what makes it so disruptive. Amazon says customers can use the system across all sales channels including their own websites, social media, and physical stores and benefit from inventory forecasting, fulfillment, and delivery windows as fast as two to five days. Reuters also notes that Amazon already has more than 100 cargo planes, putting it behind only FedEx and UPS in air capacity, while the company has already signed on Procter & Gamble, 3M, and American Eagle Outfitters as early users.
The market reaction was immediate because this is not just a side service; it is Amazon taking aim at a high-margin B2B logistics segment. Reuters said shares of UPS and FedEx fell more than 9%, while Amazon rose nearly 1%, as analysts called the move a direct competitive blow. The bigger implication is that Amazon is now trying to do in logistics what it already did in cloud computing: convert an internal infrastructure advantage into a business customers outside the company are willing to pay for. Reuters
GameStop Offers To Buy eBay For $56 Billion
GameStop has made a surprise $56 billion bid for eBay, with CEO Ryan Cohen saying he sees a path to turn the online marketplace into a much bigger competitor to Amazon. Reuters and the Wall Street Journal say the offer values eBay at $125 a share in a cash-and-stock deal, about a 20% premium to Friday’s close, and that GameStop had already built a roughly 5% stake in eBay before going public with the proposal. eBay’s shares rose on the news, reflecting investor interest even as the deal itself remains highly uncertain.
The financing structure shows why the bid is ambitious. Reuters reported that GameStop has a commitment from TD Bank for up to $20 billion in debt financing, while the company argues the combination could unlock major cost savings and synergies. Cohen’s pitch is that GameStop’s physical store network could support eBay with item collection and authentication, giving the marketplace a stronger commerce-and-trust layer than it has today.
eBay has not accepted the offer, and the next phase could turn hostile if the board rejects it. Reuters said eBay’s board confirmed receipt of the proposal and will review it, while Cohen has signaled he may take the fight directly to shareholders through a proxy battle if needed. The bigger story is that GameStop still in the middle of its own turnaround is trying to leap from meme-stock status into serious dealmaking, with Cohen even saying he would run the combined company and take no salary. Wall Street Journal
Nvidia CEO Jensen Huang says the company’s market share in China has now fallen to zero, a stark reversal for a business that once dominated the country’s AI chip market. Yahoo Finance reported that Huang made the comment in an interview on the Special Competitive Studies Project’s Memos to the President podcast, and other coverage says he described U.S. export policy as something that has already “largely backfired.”
The significance is that China was once one of Nvidia’s most important markets, and the loss reflects how far U.S. restrictions have reshaped the AI hardware landscape. Reporting around Huang’s comments says Nvidia’s China share had previously been estimated at around 90%+ before export controls squeezed it out, with domestic players increasingly filling the gap. Huang’s warning is that blocking Nvidia from China may not just hurt Nvidia; it may accelerate China’s push to build its own AI stack and weaken the broader U.S. position in the process.
The broader message from Huang is that geopolitics is now directly shaping semiconductor revenue, product strategy, and long-term market access. Reuters and other coverage have noted that Nvidia still sees opportunities in areas like smart cars and autonomous driving, but the core AI accelerator business in China is effectively gone for now. That makes the China story less about a temporary setback and more about a structural break in one of the most lucrative tech markets in the world. Yahoo Finance |
Apple Weighs Using Intel And Samsung To Build Main Device Chips
Apple is exploring a major supply-chain reset by holding early discussions with Intel and Samsung about producing the main processors for its devices in the U.S., according to Bloomberg and Reuters. The move would give Apple a second manufacturing option beyond TSMC, which has long been its primary chip partner, and it comes as Apple continues to manage concerns about chip supply constraints. The market immediately noticed: Intel shares rose about 3.8% to 4% in premarket trading, while Samsung shares climbed about 5.4% and hit a record high on the news.
The interesting part is that this would not be the first time Apple and Intel have worked together on Macs. Apple officially announced its transition away from Intel processors in 2020, introduced the first M1 Macs later that year, and completed the switch over the following years as the M-series replaced Intel chips across the lineup. Apple’s own support documentation says the transition began with models introduced in late 2020, which means the relationship has already gone through one major era shift before this new manufacturing discussion even began.
For Apple, the strategic point is diversification, not abandonment. Reuters says the talks are still exploratory and no orders have been placed, but the company is clearly thinking about backup capacity in a more fragile chip environment. That matters because Apple’s chips sit at the center of its phones, tablets, and computers, and any change to the supplier mix would ripple far beyond one product cycle. In short, Apple is testing whether Intel and Samsung can become part of a more resilient U.S.-based manufacturing strategy, even as TSMC remains the backbone of its current chip architecture. Seeking Alpha
Minor Headlines
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