The analyst says: “AWS is still in a good position for the long-term intelligence trends”-alphabet (Nasdaq: Goog), Amazon.com (Nasdaq: Amzn)-alphabet (nasdaq: Googon), Amazon.com (Nasdaq: Amzn)

Amazon Inc. amzn It was praised Monness Crespi Hardt An analyst in his position in the cloud, artificial intelligence sector, despite the weakness of other technology companies.

What happened: The GTC AI conference that you hosted Nafidia NvdaAnd called “Super Bowl of Ai”, which happened last week, did not significantly enhance the shares of American technology. Brian WhiteMonnes Crespi Hardt, an analyst at Monness Crespi Hardt, believes that this is due to the market focus on an unstable Macro environment and a decline in Hamas’s Gen AI trade more than two years of noise with a few beneficiaries, I mentioned Investor business daily.

Nevertheless, White participated in his investor note that Amazon’s Cloud Business, Amazon Web Services (AWS), has already seen benefits from Gen AI by training LLMS models. He expects to increase growth drivers over time.

White also highlighted the opportunity of the future potential market in the future to implement artificial intelligence models, a process known as inference. This point has also been shown by NVIDIA CEO Gensen Huang At the conference. Although the current market instability, White keeps inviting to buy Amazon’s share at a targeted price of $ 265, noting that AWS is in good mode for long -term artificial intelligence trends.

Despite the “short -term turmoil, AWS is still in a good mode of artificial intelligence in the long run,” the eggs stated in the investor memo.

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Why do it matterAmazon’s positive review comes from White in the wake of the support of another analyst. Evercore Isi ‘S Mark Mahani He expressed optimism about Amazon’s capabilities, with his highest shares. Also, Dan Eve, a Wedbush analyst, said, “We see many IT sections focus on the terrible institutional publishing operations of Amnesty International on it. Microsoft MsftAmazon, and Google Goog Googl Focusing on the laser on the currently ongoing programs that are on current programs. “

These support emphasizes the potential of Amazon Cloud Cloud and their ability to take advantage of artificial intelligence trends. The company’s ability to train LLMS and the future market opportunity to operate artificial intelligence models, as shown by White, increases the enhancement of Amazon’s position in artificial intelligence space.

On Tuesday, President of Ali Baba, Joe Tsey Disturbed by the artificial intelligence data center bubble in the United States, such as market experts like Jim Kramer and Jane Monster Refuse fears.

Amazon has a momentum of 75.34 % and a growth classification of 94.54 %, according to the Royal Edge Rating in Banznaga. The Benzinga growth scale assess the historical profits of the stock and expand revenues over multiple time frames, giving priority to both long -term trends and modern performance. For an in -depth report on more shares and visions of growth opportunities, subscribe to Benzinga Edge.

The Amazon shares rose by 1.2 % to close at $ 205.71 on Tuesday. The stock gained more than 15 % during the past year.

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