Market value approaching 3 trillion, Amazon.com, Inc. (AMZN.US) is "getting cheaper as it rises"?

After several years of relative silence, the e-commerce and cloud computing giant Amazon.com, Inc. (AMZN.US) is returning to the center stage of the global tech scene with a fierce momentum. Investors have high expectations for Amazon.com, Inc.'s increasingly solid position in the field of artificial intelligence, and this sentiment is driving its stock price to soar, pushing the company's market value to cross a key milestone. From strategic investments to in-house hard technology development, from deep integration of large models companies to empowering core business, Amazon.com, Inc. is staging a comprehensive reevaluation of its value around "AI+". Investor optimism about this e-commerce and cloud computing giant's layout in the field of artificial intelligence continues to heat up, driving its stock price to soar since the end of March, approaching the historic milestone of 3 trillion U.S. dollars in market value. The latest data shows that Amazon.com, Inc.'s stock price is around $270, with a market value of about $2.91 trillion, just about 2% away from joining the elite club of over a trillion, which includes Microsoft Corporation, Apple Inc., NVIDIA Corporation, and Alphabet. Since hitting a low on March 27th, Amazon.com, Inc.'s stock price has risen by a total of 36%, becoming the fourth largest contributor to the S&P 500 Index's gains, accounting for 7.4% of the index's 17% gain during the same period. In April, the stock price surged by 27% in a single month, marking the best monthly performance since 2007. Year-to-date, the stock has accumulated a gain of approximately 18.7%, significantly outperforming the Roundhill Magnificent Seven ETF and the market index that track the "tech seven giants". It is worth mentioning that Amazon.com, Inc. previously experienced a five-year period of low returns. If the current uptrend continues and successfully surpasses the 3 trillion dollar mark, Amazon.com, Inc. will achieve a three-fold increase in market value in approximately six years and three months - becoming a trillion dollar company in February 2020, crossing the 2 trillion dollar mark in June 2024, and the third trillion dollar leap happening much faster than the first two. Strong fundamentals support: AWS returns to high growth, chip business shows promise This round of rapid growth is not groundless, as it is backed by the core business of the company - especially the results in cloud computing and AI-related businesses. The first-quarter financial report released on April 29th became a key catalyst. AWS growth hits a new high in 15 quarters The financial report shows that Amazon.com, Inc.'s net sales in the first quarter reached $181.5 billion, a 17% year-on-year increase, surpassing market expectations. Among them, the most notable cloud computing business AWS achieved revenue of $37.6 billion, a 28% year-on-year increase, marking the fastest growth in 15 quarters. AWS's operating profit reached $14.2 billion, accounting for nearly 60% of the company's total operating profit, demonstrating its strong profitabilit...