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business 51d ago

Amazon's AWS AI Revenue Surpasses $15 Billion, Boosting Stock Outlook

Amazon's AWS AI Revenue Surpasses $15 Billion, Boosting Stock Outlook

Amazon's AWS division continues to lead its growth, with AI revenue surpassing $15 billion as of Q1 2026, according to Andy Jassy. The company's chip division, generating over $20 billion annually from products like Graviton and Nitro, also shows rapid growth, reassuring investors. As Amazon invests $200 billion in Capex, this milestone underscores the importance of its AI and chip strategies for future profitability.

Timeline · 53d ago

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1 article · Quartz

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1 article · TheStreet

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