Amazon.com Inc. (AMZ)
Summary
AMZ Chart
Amazon's home-grown AI chips gain momentum as Trainium powers multibillion-dollar business
Amazon.com Inc (NASDAQ:AMZN) is doubling down on its in-house AI chips, and chief executive Andy Jassy says the strategy is already delivering. At AWS re:Invent he revealed that Trainium2, Amazon's current accelerator, has reached a multibillion-dollar revenue run rate, with more than 1 million chips in production and over 100,000 customers accessing them through the Bedrock AI platform.
Amazon: Do Not Underestimate The Catch-Up Trade (Rating Upgrade)
Amazon is upgraded to a "Strong Buy," driven by accelerating AWS growth and e-commerce margin expansion. Generative AI and automation are expected to boost efficiency and profitability across both AWS and core retail operations. Valuation appears conservative at 30x forward earnings, with fair value estimated around $330 per share.
Amazon's growing clout in US shipping market
Amazon's investments in new fulfillment centers and delivery stations have gradually cemented the online giant's position as a key player in the nearly $193 billion U.S. parcel industry, long dominated by UPS , FedEx , and the U.S. Postal Service.
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Amazon.com Inc. Profile
| - Industry | - Sector | Andrew R. Jassy CEO | XETRA Exchange | US0231351067 ISIN |
| US Country | 1,560,000 Employees | - Last Dividend | 2 Sep 1999 Last Split | 15 May 1997 IPO Date |
Overview
Amazon.com, Inc. is a multinational conglomerate that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It was founded in 1994 and has its headquarters in Seattle, Washington. Amazon has established itself as a leader in the online retail world, providing an extensive range of consumer products, advertising solutions, and subscription services. The company operates on a global scale, with key market segments in North America and International territories, along with its Amazon Web Services (AWS) sector, which offers advanced cloud computing solutions. Amazon's mission encompasses the retail sale of consumer products and services through online and physical outlets, manufacturing of electronic devices, content production, and provision of a platform for sellers, content creators, and developers.
Products and Services
- Retail and Consumer Products - Amazon offers an enormous selection of goods across various categories, including books, electronics, clothing, and groceries, available for purchase through its online storefronts. It also operates physical stores, blending traditional shopping with its technological advancements.
- Amazon Web Services (AWS) - AWS provides a broad set of global cloud-based products including compute, storage, databases, analytics, networking, mobile, developer tools, management tools, IoT, security, and enterprise applications. This service is designed to help businesses scale and grow by providing low-cost IT infrastructure.
- Manufacturing of Electronic Devices - Amazon develops and sells its line of electronic devices, including Kindle e-readers, Fire tablets, Fire TV streaming media players, Echo devices featuring Alexa, Ring doorbells, Blink security cameras, and eero Wi-Fi systems.
- Media Content Development and Production - The company invests in the creation and production of a wide array of media content through its Amazon Studios division, delivering movies, TV shows, and music accessible via its Prime Video, Amazon Music, and Twitch platforms.
- Marketplace for Sellers - Amazon's marketplace model allows third-party sellers to list their products on Amazon's platform, providing them with a vast audience and enabling them to sell their goods alongside Amazon's own inventory.
- Content Publishing - The platform facilitates a broad spectrum of content creators including authors, independent publishers, musicians, filmmakers, Twitch streamers, and developers, allowing them to publish, sell, or broadcast their creations.
- Advertising Services - Through various programs like sponsored ads, display, and video advertising, Amazon offers targeted advertising solutions to businesses, helping them to reach their desired audience effectively.
- Amazon Prime - This subscription-based service provides members with numerous benefits, such as expedited shipping, exclusive access to deals, streaming of movies, TV shows, and music, among other perks.
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