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Amazon up after CEO sees AI doubling AWS sales forecast to $600 billion by 2036

ReutersMar 17, 2026 6:58 PM

Amazon's AMZN.O shares up 1.2% at $214.25 in afternoon trade

CEO Andy Jassy in an internal all-hands meeting says he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales by 2036

Jassy had earlier projected $300 billion annual revenue run rate for AWS in 10 years

AMZN has fallen over 8% this year as of Monday's close

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