Nvidia Just Hit a $5 Trillion Market Cap -- and I Predict This Company Will Join It Within 3 Years

Core Insights - Nvidia has become the first company to exceed a $5 trillion market cap due to rising demand for AI infrastructure, but Amazon is positioned to potentially join this exclusive club soon [1][7] - Amazon's recent earnings report highlighted strong performance across its business segments, with a 20% year-over-year revenue growth in AWS, 24% growth in advertising revenue, and significant demand for AI services [2][5] - Amazon announced a $7 billion increase in its full-year capital expenditures forecast, bringing the total to $125 billion, with expectations for further increases next year [2] Market Position and Growth Potential - Amazon is the fourth major tech company to announce increased capital expenditures alongside its earnings report, with positive market reactions compared to other companies like Meta and Microsoft [4] - Investor confidence in Amazon's ability to generate strong returns from its infrastructure investments is evident, particularly with AWS revenue growth exceeding expectations [5] - The global cloud computing market is projected to reach nearly $2.4 trillion by 2030, with AI demand being a significant driver, suggesting substantial opportunities for Amazon if it maintains its 30% market share in cloud services [6]