Amazon’s Q2 earnings smashed expectations with $206.6 billion in revenue and $5.75 per share profit, fueled by AWS’s fastest growth in four years—driven by AI demand. The company is pouring $220 billion into data centers and servers this year, betting big on cloud adoption powered by AI. New tools like Amazon Q and custom chips aim to lock in customers, while automation cuts costs in warehouses. Grocery and ads also grew, despite short-term headwinds like rising memory and shipping costs. With AI poised to dominate cloud spending, Amazon is doubling down on tech innovation to fuel long-term profits and keep pace with explosive demand.
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