May. 16 at 1:52 AM
Amazon is gaining strong investor optimism as confidence builds around its artificial intelligence strategy, pushing the company closer to the
$3 trillion market cap club alongside Nvidia, Apple, Microsoft and Alphabet.
The rally has accelerated since late March, with shares up sharply and delivering their best monthly performance in years, driven by expectations that Amazon Web Services (AWS) will benefit from rising AI demand. Recent results showed AWS growing at its fastest pace in over three years, while the company highlighted more than
$225B in committed revenue tied to its custom AI chips, Trainium.
Investors see AI as a key growth engine across Amazon’s ecosystem, from cloud computing to logistics and advertising, with analysts overwhelmingly bullish—dozens recommend buying the stock with no sell ratings among major coverage.
$AMZN