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Investors Are Worried About Too Much AI Spending. They're Not Wrong, But It's Paying Off for These 2 Tech Stocks.
Source: fool.com
Technology & InnovationCompany FundamentalsCorporate Guidance & Outlook
AWS has $169 billion in annualized revenue, and Amazon management believes it could reach $600 billion within the next decade. Azure has $100 billion in annualized revenue and is expected to grow 45% next year. The figures point to continued expansion in major cloud businesses, but the AWS figure is a management belief rather than a reported forecast commitment.
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