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AWS Eyes Trillion-Dollar Future | Raleigh News
AWS is on track to become a trillion-dollar revenue powerhouse, with Amazon’s leadership betting big on AI-driven growth. After posting its fastest quarterly growth in 18 quarters, fueled by AI and custom chip demand, AWS’s future looks brighter than ever. Morgan Stanley has raised its stock price target, citing even conservative estimates of hitting the trillion-dollar mark as a major catalyst for shareholder gains. Amazon compares current AI margins to early cloud computing days, hinting at massive profit potential. To fuel this expansion, they’re pouring billions into global data centers —…
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