Amazon.com Inc. (NASDAQ:AMZN) is a top stock for investors, with analysts predicting a nearly 20% potential upside despite subdued year-to-date returns. Two key events driving this enthusiasm are strong Q3 results, especially in the cloud business, and a $38 billion deal with OpenAI for cloud computing capacity.

The deal involves Amazon Web Services (AWS) providing OpenAI access to Nvidia GPUs, marking Amazon’s entry into serving OpenAI. AWS CEO Matt Garman sees this as supporting OpenAI’s AI ambitions, while OpenAI CEO Sam Altman believes the partnership will advance AI accessibility for all.

Amazon operates in e-commerce, digital content, advertising, and cloud computing, with a vast array of products and one of the largest data center networks. While AMZN shows investment potential, other AI stocks may offer greater upside with less risk, particularly in the current economic and trade climate.

Read more at Yahoo Finance: Can Amazon (AMZN) Extend Its AI Leadership After Securing the Recent OpenAI Partnership?