Amazon (AMZN) exec. says they have over USD 225bln in revenue commitments for Trainium chips; AWS is a USD 150bln annualised revenue run rate business
Amazon's announcement about significant revenue commitments for Trainium chips highlights its strong position in the semiconductor space, while AWS's accelerated growth signals robust demand and potentially positive implications for the broader tech sector.
South Korean Industrial Production YoY (Mar) Y/Y 3.6% vs. Exp. 3.8% (Prev. -2.2%)
South Korean Industrial Production MoM (Mar) M/M 0.3% vs. Exp. 0.2% (Prev. 5.4%)
Amazon (AMZN) exec. says they have over USD 225bln in revenue commitments for Trainium chips; AWS is a USD 150bln annualised revenue run rate business
US President Trump gives praise to Intel (INTC), stating he is very proud as the stock continues to rise and the US has made over USD 30bln on INTC stock
US Senators are to introduce legislation to tighten ban on Chinese vehicles
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AWS:
- AWS growth has accelerated 28%, the fastest growth rate in 15 quarters.
- USD 2bln Q/Q revenue increase, the largest Q4 to Q1 revenue increase ever.
The impressive Q4 to Q1 revenue increase suggests that AWS is continuing to gain traction, which could drive investor sentiment toward both Amazon and tech equities in general.
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