Amazon Projects AWS Revenue Could Reach $1 Trillion Driven by AI Demand
During a recent earnings conference call, Amazon (AMZN) executives expressed significant optimism regarding the growth trajectory of Amazon Web Services (AWS). The company anticipates that AWS will account for over 40% of its total revenue in both 2027 and 2028, with long-term projections suggesting annual revenues could hit $1 trillion within the next five to ten years. A primary driver for this expansion is the surge in artificial intelligence adoption. Management noted that AI inference is already contributing significantly to cloud workloads, describing the current shift toward generative AI as a 'once-in-a-lifetime' opportunity for the cloud computing sector.
Tickers: $AMZN
Topics: AI inference AWS revenue growth Cloud computing
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Part of the story Amazon Projects AWS Could Become a Trillion-Dollar Revenue Business Within a Decade (4 articles)