Amazon щойно розкрила, що 1 бізнес коштує більше, ніж 82% компаній зі списку Fortune 500 (Підказка: не хмарні обчислення)

Key Points

Amazon's 2025 Shareholder Letter was chock-full of insight into the company's strategy and future plans.

CEO Andy Jassy said one business is "on fire," and "much larger than most think."

• These 10 stocks could mint the next wave of millionaires ›

When it comes to industry-leading businesses, very few companies can hold a candle to Amazon (NASDAQ: AMZN). While it didn't invent online retail, its success in e-commerce is the stuff of legend. The company pioneered modern cloud computing when it launched Amazon Web Services (AWS) in 2006, a space it still dominates and which now forms the foundation of its business empire. Amazon's ability to expand into new businesses has helped make it one of the world's most successful companies.

In Amazon's annual shareholder letter, CEO Andy Jassy just revealed what could ultimately be one of the company's most successful ventures yet.

Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »

Next big moneymaker

In Amazon's yearly missive, CEO Andy Jassy waxed poetic about the path that led him to Amazon and what the company's future might hold. He also spoke at length about artificial intelligence (AI) and where the company fits into the broader landscape.

The biggest revelation was the rate at which Amazon's AI chip business is accelerating. He noted, "Our chips business is on fire [which] changes the economics of AWS, and will be much larger than most think." In fact, the annual revenue run rate of Amazon's chips business -- which includes the company’s Graviton, Trainium, and Nitro chips -- is now over $20 billion and "growing at triple-digit percentages year-over-year." Then, Jassy dropped this nugget:

If our chips business was a stand-alone business, and sold chips produced this year to AWS and other third parties (as other leading chips companies do), our annual run rate would be ~$50 billion. There's so much demand for our chips that it's quite possible we'll sell racks of them to third parties in the future.

For context, Amazon's total revenue in 2025 was $717 billion, so this would represent roughly 7% of the company's annual revenue. Furthermore, at $50 billion annually, Amazon's AI chip business would be bigger than 82% of the Fortune 500 companies.

Jassy was adamant that the size of the opportunity at hand justifies Amazon's plans to spend $200 billion in capital expenditures (capex) in 2026. In fact, Amazon already has customer commitments for the majority of this year's capex investment, which the company will monetize in 2027 and 2028. Jassy was also clear that Amazon won't hesitate to sacrifice short-term results for the long-term potential. "AI is a once-in-a-lifetime opportunity where the current growth is unprecedented and the future growth even bigger," he wrote.

Amazon might seem pricy at 33 times earnings, but that's roughly half the stock's three-year average multiple of 67. This gives investors the opportunity to own an industry leader at an attractive price.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

Nvidia:if you invested $1,000 when we doubled down in 2009,you’d have $472,291!Apple:*if you invested $1,000 when we doubled down in 2008,you’d have $49,299!Netflix:if you invested $1,000 when we doubled down in 2004,you’d have $536,003!

Right now, we’re issuing “Double Down” alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon.

**Stock Advisor returns as of April 9, 2026. *

Danny Vena, CPA has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.