Amazon.com Inc (AMZN)
AI predicts AMZN stock price for 2026 after Nvidia-rival chip launch
Amazon's (NASDAQ: AMZN) push into custom AI hardware is reshaping expectations for its valuation, with new analysis suggesting the company could see notable stock gains as its in-house chips challenge Nvidia's (NASDAQ: NVDA)lead.
Wall Street's Sleeping Giant: Is Amazon About to Wake Up?
Shares of Amazon.com Inc. NASDAQ: AMZN closed Monday's session just above $230, right around where they were back in January. Despite logging a 60% rally at one point in the months in between, the tech giant is now on track to finish roughly flat for 2025.
Busy Holiday Shopping Season: 2 Companies Poised to Benefit
The Black Friday and Cyber Monday shopping frenzy was yet again a hit, helping ease some fears surrounding a weak consumer.
Amazon unveils Trainium3 chip, doubling down on AI hardware push
Amazon.com Inc (NASDAQ:AMZN) on Tuesday unveiled its latest artificial intelligence (AI) semiconductor, Trainium3, signaling a major effort by the e-commerce and cloud giant to challenge Nvidia's dominance in the booming AI hardware market. The announcement came during Amazon Web Services' (AWS) annual re:Invent conference, where executives detailed the chip's capabilities and broader AI strategy.
Amazon is speeding up its delivery with a new ultrafast test that arrives in 30 minutes or less
Amazon is making a big push into ultrafast delivery, now testing in Seattle and Philadelphia. The company said customers can choose from thousands of items for delivery in under 30 minutes.
Amazon Web Services Has Strong Partnership With Anthropic, CEO Says
AWS Chief Executive Officer Matt Garman said the company's relationship with Anthropic was “incredibly strong.” He said the startup has an enormous demand for computing power, leading Anthropic to use a variety of providers.
Amazon's Core Engine Roars Back
Amazon.com, Inc.'s AWS reaccelerated to 20.2% YoY growth in Q3, reaching $33B in revenue and signaling a new AI-driven cloud cycle. The AWS backlog expanded to $200B, boosted by rapid adoption of Trainium2 chips and multi-billion-dollar AI compute demand. AWS generated $11.4B in operating income, materially lifting AMZN's consolidated EPS to $1.95 and strengthening overall profitability.
Amazon Releases AI Agents It Says Can Work for Days at a Time
AWS CEO Matt Garman unveiled a set of new tools at the cloud giant's annual re:Invent conference, calling them critical to helping companies get value out of AI.
Amazon starts testing ‘ultra-fast' 30-minute deliveries
Amazon has announced it's launching a new service that completes deliveries in 30 minutes or less in Seattle and Philadelphia. The new “ultra-fast” delivery option will allow Amazon to better compete with services like DoorDash, Uber Eats, and Instacart.
Amazon launches cloud AI tool to help engineers recover from outages faster
Amazon's cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the AI tool from Amazon Web Services is called, helps companies more quickly figure out what caused an outage and implement fixes.
Amazon to use Nvidia tech in AI chips, roll out new servers
Amazon.com's AWS cloud computing unit on Tuesday said it will adopt key Nvidia technology in future generations of its artificial intelligence computing chips as the firm ramps up efforts to get major AI customers using its services.
Amazon's Custom Chips Pose Another Threat to Nvidia
The company will start selling its Trainium3 processors as AI companies are looking to diversify their supply of data-center chips.
