Here’s How Artificial Intelligence (AI) Is Driving Profit Growth for These 2 Tech Stocks
From Nasdaq: 2025-04-12 18:10:00
Artificial intelligence (AI) is making waves as companies invest billions in the technology to revolutionize operations. Some companies develop AI products, while others use AI to streamline operations and save money, leading to increased profitability. This trend is set to continue as the AI boom gains momentum.
Amazon (NASDAQ: AMZN) is leveraging AI in e-commerce and cloud computing to improve customer service and streamline operations. Through Amazon Web Services (AWS), the company sells premium AI products and services to customers, driving growth and profitability. With a $115 billion annual revenue run rate in AWS, Amazon is positioned for future success in the AI market.
Alphabet (NASDAQ: GOOG, GOOGL) is also capitalizing on AI, using its large language model Gemini to power AI assistants and improve Google Search. The company’s Google Cloud unit offers AI products and services to customers, driving revenue growth and client wins. With a focus on AI development and use, Alphabet is a top AI buy for long-term investors.
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