Amazon's Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI

Kabir Jhangiani / NurPhoto / Getty Images Amazon shares are up close to 17% for 2025, with most of those gains coming in the past week. Key Takeaways Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI. The agreement allows OpenAI to use Amazon's bank of hundreds of thousands of Nvidia chips. Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion deal with OpenAI. Shares of Amazon (AMZN) ...