Amazon stock just broke a new all-time high after announcing a multi-year, $38 billion partnership between AWS and OpenAI. The deal makes AWS the backbone of OpenAI’s generative AI models, running on NVIDIA GB200 and GB300 chips inside Amazon EC2 UltraServers.
This follows Amazon’s strongest AWS growth in years — up 20% YoY to $33 billion in Q3. Analysts are calling AWS “the star of the show,” and Benzinga’s Edge Rankings agree, giving Amazon a Growth score of 92.99 with strong momentum and quality signals.
