Amazon Projects AWS Could Become a Trillion-Dollar Revenue Business Within a Decade
During its third-quarter 2026 earnings call, Amazon (AMZN) leadership outlined an aggressive growth trajectory centered on cloud computing and retail synergy. CEO Andy Jassy projected that Amazon Web Services (AWS) could reach a trillion-dollar annual revenue run rate within the next five to ten years, driven by high demand for AI compute capacity and enterprise cloud migrations. To support this expansion, Amazon is significantly increasing capital expenditures, with 2026 capex reaching approximately $220 billion focused on cloud infrastructure. The company also highlighted strategic wins in its retail segment, noting that grocery customers drive seven times more engagement in 'Everyday Essentials.' Additionally, Amazon plans to commercialize its custom AI chips, such as Trainium, for external customers outside of AWS starting in late 2027.
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Topics: Artificial Intelligence AWS Revenue Projections Cloud Computing Retail Growth
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Part of the story Amazon Projects AWS Could Become a Trillion-Dollar Revenue Business Within a Decade (4 articles)