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Where Will Amazon Stock Be in 5 Years as AWS, Advertising, and AI Converge?

The Motley Fool·
Where Will Amazon Stock Be in 5 Years as AWS, Advertising, and AI Converge?

Amazon is positioned for significant growth over the next five years as its three major business segments—AWS cloud computing, advertising, and artificial intelligence—converge. AWS generated $42 billion in sales with $16 billion in operating income in the recent quarter, while advertising revenue reached $19 billion. The company's custom chip business has reached a $25 billion annual revenue run rate, and CEO Andy Jassy predicts AWS could eventually become a trillion-dollar revenue operation. With the AI market expected to reach trillions by decade's end, Amazon stock could substantially outperform its 50% five-year gain.

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