„Amazon“ performance results exceeded expectations

„Amazon“ performance results exceeded expectations

In the second quarter, the company’s revenue increased by 20% compared to the same period last year and exceeded 200 billion USD, while the cloud division “Amazon Web Services” revenue jumped 37% to 42.2 billion USD.

Read more Vytenis Šimkus. What do bleeding semiconductor stocks say about the future of AI?

The company also reported that two AI-related divisions grew by “triple-digit percentages” – both the AI cloud and chip businesses exceeded 25 billion USD in annual revenue, reflecting recurring sales revenue.

Read more 10-year-old rollerbladed onto the streets in Virbalis and ended up in a hospital in Kaunas

Translated from

Leave a Reply

Your email address will not be published. Required fields are marked *