Amazon Poised to Ride AI Wave With AWS Cloud Dominance and Customer Focus
-
Amazon is positioned to benefit from AI due to its use of AI to optimize operations and enhance customer experience, as well as its leadership in cloud computing via AWS.
-
AWS allows customers to access Nvidia's AI products and services, so it stands to gain from Nvidia's strength in AI.
-
AWS also offers its own AI products and services like chips and fully managed AI services.
-
As the dominant cloud provider, AWS is likely to be the go-to option for companies pursuing AI projects.
-
With reasonable valuation, proven earnings growth, and exposure to high-growth AI market, Amazon looks like a strong long-term bet.