Amazon Stock Hits Record Highs Amid Strong Growth in Cloud, AI, and Custom Chips
Amazon (AMZN) stock has risen over 30% in three months, reaching an all-time high of $278.56 as the company continues to grow its cloud computing, artificial intelligence infrastructure, advertising, and custom silicon businesses. Q1 revenue hit $181.5 billion with AWS contributing $37.6 billion at a 28% year-over-year growth rate.
Tickers: $AMZN
Topics: AI infrastructure AWS growth cloud computing custom chips