Amazon Soars to Near $3 Trillion, Eyes $5 Trillion Valuation

Amazon's market capitalization has reached $2.92 trillion after its strong Q2 2026 results, according to recent numbers. ChatGPT forecasts that Amazon will hit a $5 trillion valuation by mid-2028, based on continued growth in AWS, advertising, and AI sectors.

The forecast is attributed to the company's successful Q2 performance, which saw 37% annual growth in AWS revenue. Additionally, Amazon's AI and custom-chip sectors have each exceeded $25 billion in annual revenue.

However, the forecast also considers potential economic risks that could delay reaching the $5 trillion mark until 2029 or later. Upcoming milestones include Q3 2026 earnings and the 2026 holiday season, which will test AWS growth sustainability and consumer demand.