According to internal Amazon documents obtained by Business Insider and an audio recording of an employee meeting, Amazon's cloud computing division, AWS, is temporarily storing NVIDIA GB300 racks in "intermediate warehouses." This is because the target data centers "have space for more racks but not enough available power to turn them on." Internal emails show that Amazon expects to receive approximately $5 billion worth of GB300 racks in August alone, with continuous monthly receipts of about $3 billion thereafter. AWS CFO John Felton confirmed in an internal meeting in September that the company's free cash flow has turned negative as a result and is expected to remain negative for the next few years. Rich Privorotsky, head of Goldman Sachs' Delta-One trading desk, noted in an October 16 report that the chip backlog has led to persistent scarcity of powered computing capacity and high GPU rental prices, creating an inflationary bottleneck.