StocksMedium•5 November 2026•
1 min read
Amazon Forecasts 40% AWS Revenue Growth for 2027 and 2028
Key Facts
1Amazon CEO Andy Jassy stated that AWS could grow revenue by 40% in 2027 and 2028.
2Amazon is spending significantly on AI infrastructure and data centers to support cloud growth.
Amazon CEO Andy Jassy stated that AWS could grow revenue by 40% in 2027 and 2028. The Motley Fool reported that the company is spending significantly on AI infrastructure and data centers to support cloud growth, with Jassy envisioning AWS as a trillion-dollar business.
AMZN closed at $266.03 on November 4, 2026. This optimistic outlook comes as Amazon continues to allocate substantial capital expenditure toward expanding its data center footprint to meet the surging demand for artificial intelligence services.