MoneyThe story, in brief

Amazon's AWS posts fastest growth since 2021, citing AI and chip demand

AWS's fastest growth since 2021. AI and chip demand are doing the heavy lifting.

Paper-cut illustration of an amber microchip with circuit paths extending into a row of data-center cabinets.
The infrastructure powering AI.AI illustration by KeyNews
The KeyNews take

Why it matters

AWS's acceleration signals sustained enterprise AI spending and validates the compute buildout bet. New deals with Meta and OpenAI show the major labs are locking in capacity.

The key facts

5 to know
  1. AWS posts fastest growth since 2021

  2. AI and chip demand cited as primary drivers

  3. New business announced with Meta

  4. New business announced with OpenAI

  5. Q2 2026 earnings report

Go to the source

CNBC Technologycnbc.com

Publisher excerpt: Amazon Web Services announced new business with Meta and OpenAI in the quarter.
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