Amazon's total market value has reached $3.05 trillion, setting a new historical high. The company's stock price rose over 4% in early trading. Amazon's AWS cloud business revenue growth has reached an 18-quarter high. The company has raised its full-year capital expenditure guidance for 2026 and holds an optimistic view on the long-term trillion-dollar revenue potential of AI, expecting the trend of insufficient AI computing power to continue. Analysts predict that as the commercialization of generative AI accelerates and the penetration of enterprise-level AI applications and cloud intelligent agents deepens, the nine major global cloud service providers will experience a wave of capital expenditure increases by the end of July. Major companies both domestically and internationally will increase investments in intelligent computing centers, GPU clusters, self-developed chips, and infrastructure, with the expansion of computing power exceeding market expectations.
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