Amazon Projected to Become First U.S. Company with $1 Trillion Annual Revenue by 2028, Driven by AWS and AI Investment

Financial analysts at 24/7 Wall St. project that Amazon will become the first U.S. company to achieve $1 trillion in annual revenue by 2028, driven primarily by the accelerated growth of Amazon Web Services (AWS) and its crucial role in AI infrastructure.

• AWS is currently expanding at 22% annually, underpinning the bullish outlook.
• The report cites Amazon's significant commitment to AI, including a $38 billion OpenAI deal.
• Amazon is challenging competitors with an ongoing $100 billion data center expansion meant to bolster its position in the cloud and chip markets.