Stocks

Amazon's AWS Predicted to Hit $1 Trillion in Revenue

Guavy AI Editorial Team Published August 5, 2026

Instruments

AMZN

Amazon's cloud computing platform, Amazon Web Services (AWS), has been growing rapidly and is expected to reach $1 trillion in annual revenue. CEO Andy Jassy made this prediction during a recent conference call with investors, citing AWS' accelerating revenue growth and its expanding portfolio of artificial intelligence tools.

AWS ended the second quarter with a staggering $496 billion order backlog from customers waiting for more data center capacity to come online. This figure grew in the triple-percentage digits year over year, suggesting that the platform's revenue growth could accelerate further.

Amazon stock has been rising steadily since July 30, when the company reported its second-quarter operating results. The stock has risen by 25% to a fresh record high and is still relatively inexpensive compared to its big-tech peers.

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