AWS's dedicated AI and custom chip divisions both crossed the $25 billion annual revenue run rate threshold, highlighting massive enterprise AI adoption.
AWS revenue $42.2B, +36.7% YoY (fastest 18Q); AI and chips divisions exceeded $25B run rates. Cloud and AI infrastructure drive hyperscaler profitability; $220B capex signals an arms race for data center capacity and foundation model dominance.
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Amazon delivered a standout performance driven by impressive momentum in cloud computing and digital advertising.
Pradeep Viswanathan
Neowin
@pradeepviswav ·
Amazon beats expectations with cloud and AI growth
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US stocks: Amazon beats estimates for quarterly cloud revenue growth
Amazon beats estimates for quarterly cloud revenue growth
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