AWS revenue reached $45.98 billion in the third quarter, up 39% year over year and above the $45.29 billion analyst consensus, its fastest growth since the fourth quarter of 2021. Operating income rose 55% to $17.77 billion, almost 23% of Amazon's total revenue. CEO Andy Jassy said AWS can grow more than 40% in each of 2027 and 2028. Amazon also plans to make its Trainium chips available outside AWS from late 2027, following Google's approach with its tensor processing units. Azure is now 72% the size of AWS, up from 58% two years ago.
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AMZNcloud computingsemiconductorsearnings
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AMZN
▲ Likely positiveAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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