Overview
- Company net sales rose 13% year over year to $180.2 billion, with Q4 guidance of $206–$213 billion for 10%–13% growth.
- AWS revenue grew 20% to $33 billion with about $11.4 billion in operating income, pushing its annualized run rate to roughly $132 billion.
- Capital spending guidance increased to $125 billion, with management indicating further growth next year to expand AI data centers and robotics capacity.
- Amazon said Trainium 2 is fully subscribed as Trainium revenue jumped 150% sequentially, and Project Rainier now uses about 500,000 chips on a path to 1 million by year-end.
- Core businesses supported the investment cycle, with North America sales up 11%, international up 14% and advertising up 24% to $17.7 billion, while shares gained roughly 12% after hours.