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3 Big Winners From Amazon’s Plan to Double Capacity by 2027
Yahoo Finance· 2025-11-04 00:11
jetcityimage / iStock Editorial via Getty Images Amazon (NASDAQ:AMZN) reported strong third-quarter results on Thursday, with its cloud business AWS showing robust artificial intelligence (AI)-driven demand resulting in a 150% quarterly surge in Trainium chip usage. CEO Andy Jassy outlined Amazon's expansion plans during the earnings conference call, saying it added more than 3.8 gigawatts (GW) of power in the past year, double the power capacity that AWS had in 2022. He also pointed out AWS is on track ...