• In November 2025, Amazon announced plans to invest at least US$3 billion in a new data center campus focused on AI and cloud computing in Warren County, Mississippi, alongside introducing new AI-powered business solutions and completing multiple multi-billion dollar bond raises to fund these expansions.

• This wave of investment signals Amazon’s determination to ramp up its artificial intelligence and cloud infrastructure capabilities, cementing its role as a major force in next-generation technology services.

• We’ll explore how Amazon’s substantial new commitment to AI data centers and digital infrastructure shapes its longer-term investment outlook.

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To be a shareholder in Amazon today, you need to believe the company can turn its massive AI and cloud infrastructure investments into long-term profit, while overcoming rising costs and intense competition in the cloud sector. The November 2025 announcement of a new US$3 billion AI data center campus reinforces Amazon’s commitment to its central growth catalyst in AWS and generative AI infrastructure, but does not materially alter the key short-term focus: whether AWS can outpace rivals and drive segment margin expansion. The biggest near-term risk remains cost escalation outpacing efficiency gains, particularly as the company balances aggressive capital expenditures with uncertain timelines for returns.

Among Amazon’s recent announcements, the launch of Amazon Business Assistant, an AI-powered tool to improve purchasing efficiency for enterprise customers, aligns closely with its broader push into AI-driven services enabled by ongoing cloud investments. This new solution, powered by Amazon Bedrock, exemplifies how the company is leveraging its expanding infrastructure to roll out high-value, scalable applications, a critical point as investors weigh the sustainability and monetization of Amazon’s AI efforts over time. As these capabilities evolve, they may increasingly shape how Amazon delivers value to customers and supports future earnings growth.

However, it’s important for investors to also consider that if AI-related costs grow more quickly than AWS efficiency improvements or monetization, the resulting margin pressures could…

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Amazon.com’s narrative projects $905.9 billion revenue and $111.9 billion earnings by 2028. This requires 10.6% yearly revenue growth and a $41.3 billion earnings increase from $70.6 billion.