From NASDAQ: 2025-06-06 09:37:00

Amazon is ramping up its AI strategy with a $10 billion investment in North Carolina, aiming to expand cloud computing infrastructure and create 500 high-skilled jobs. AWS shows strong growth, with a $117 billion annual revenue run rate. Amazon’s AI segment operates at a multi-billion-dollar annual revenue run rate.

Microsoft Azure reports 31% revenue growth, outpacing Amazon’s 17% AWS growth. Oracle accelerates cloud infrastructure investments with a focus on AI workloads. Amazon’s Trainium 2 chips offer better price performance, while AI demand outpaces available capacity.

Amazon’s 2025 estimates show $693.68 billion net sales and $6.31 per share earnings. Valuation metrics suggest the stock may be fully valued. AMZN has underperformed in the year-to-date period. The stock carries a Zacks Rank #3 (Hold).

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Read more at NASDAQ: Amazon’s AI Ambitions Are Growing: Can the Cloud Provider Deliver?