Amazon (AMZN): 10 Best AI Stocks to Buy for the Next 10 Years
AmazonAmazon(US:AMZN) Yahoo Finance·2026-03-21 20:01

Core Insights - Amazon.com, Inc. (NASDAQ:AMZN) is projected to significantly benefit from AI, with CEO Andy Jassy estimating that Amazon Web Services (AWS) could achieve $600 billion in annual sales, which is double his previous estimate [1][2] - Jassy anticipates AWS could reach a run rate of approximately $300 billion in annual revenue within the next decade, with AI potentially allowing for even greater growth [2] - AWS reported $128.7 billion in sales for 2025, reflecting a 19% increase from 2024, indicating a strong growth trajectory [2] Financial Projections - Jassy's revised outlook suggests an average annual growth rate of nearly 17% for AWS over the next ten years [2] - The company is investing around $200 billion in capital expenditures to support this growth, emphasizing the need for upfront investment in infrastructure [2] Market Position - Amazon.com, Inc. operates in various sectors, including e-commerce, cloud computing, digital streaming, and AI solutions, positioning itself as a key player in the technology industry [2]

Amazon (AMZN): 10 Best AI Stocks to Buy for the Next 10 Years - Reportify