Amazon reports Q2 revenue up 20% YoY to $200.6B, net income up 245% to $62.6B, operating income up 43% to $27.5B, and a $25B+ annual revenue run rate for chips (Amazon)
AWS growth and AI demand carried Amazon past $200 billion in quarterly revenue.
Amazon said Q2 net sales rose 20% to $200.6 billion, with operating income up 43% to $27.5 billion. Net income more than tripled to $62.6 billion, helped by its Anthropic investment, according to linked coverage in the note. AWS revenue rose 37% to $42.2 billion, above estimates, and Amazon cited a chips business running at more than $25 billion annually. Techmeme's note
Amazon said Q2 net sales rose 20% to $200.6 billion, with operating income up 43% to $27.5 billion. Net income more than tripled to $62.6 billion, helped by its Anthropic investment, according to linked coverage in the note. AWS revenue rose 37% to $42.2 billion, above estimates, and Amazon cited a chips business running at more than $25 billion annually. Techmeme's note
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