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AWS Cloud Surges Amid AI Boom | Durham News
Wall Street’s buzzing with bullish energy on Amazon’s AWS as Q2 earnings loom — analysts now believe it could smash expectations, especially on cloud growth, projected at a hefty 33% YoY. That’s no fluke: AWS already delivered its fastest growth in 15 quarters, powering nearly 60% of Amazon’s operating profit despite making up just 21% of total sales. Behind the surge? Explosive demand for AI services from giants like Anthropic and OpenAI, plus Amazon’s own custom chips hitting a $20B annualized run rate. While revenue matters, investors are laser-focused on AWS margins, infrastructure…
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