AMZN · News · 20261102N

AWS Growth and AI Demand

AMAZON COM INC · 2026-11-02 · Importance 70 · Surprise 56

Amazon Web Services (AWS) revenue grew 39.3% year over year to $46 billion in the third quarter, its fastest sales growth in nearly five years. The reported growth was below market expectations of more than 42%, but other coverage characterized AWS demand visibility as strong. These reports point to continued customer demand for AWS cloud services and AI infrastructure.

Key facts

• Amazon's Trainium and Graviton chips have a combined annual revenue run rate of more than $10 billion. source