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Amazon’s AI Chip Business Is Surging—And It Could Be a Major Catalyst for AMZN Stock
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Amazon (AMZN) Stock Climbs as Jassy Reveals $20B Chip Business with $50B Potential
Key Takeaways Andy Jassy refuted concerns about an AI investment bubble in his latest shareholder communication AWS artificial intelligence offerings have reached more than $15 billion in annual revenue, accounting for approximately 10% of total AWS sales The company’s proprietary semiconductor division has expanded its annual run rate to exceed $20 billion, representing a twofold increase According to Jassy, external sales of these chips could…
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