Amazon.com Inc. (NASDAQ:AMZN) is one of the best NASDAQ stocks with high upside potential. On June 10, Amazon announced that Amazon Elastic Compute Cloud (Amazon EC2) M9g and M9gd instances, powered by AWS Graviton5 processors, are generally available. These provide up to 25% better compute performance than the previous generation. Designed for the demands of agentic AI, these chips feature 192 cores, a 5x larger L3 cache, and support for DDR5-8800 memory and PCIe Gen 6. The new M9g and M9gd instances are optimized to accelerate web applications, machine learning inference, and database performance by up to 30%.
The architecture delivers significant efficiency gains, including 33% lower inter-core latency and increased network and storage bandwidth. Built on 3nm technology, these chips provide higher performance while maintaining energy efficiency. The M9gd instances further support demanding workloads with high-speed local storage, offering up to 11.4 TB of NVMe SSD storage and 30% higher IOPS.
Security is enhanced through the sixth-generation AWS Nitro System, which introduces the Nitro Isolation Engine. This component uses formal verification and mathematical proofs to ensure strict isolation between virtual machines and protect customer data from unauthorized access. The design continues the AWS commitment to a zero-operator access model, securing workloads across government, financial, and healthcare sectors.
Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services/AWS division runs one of the world’s largest data center networks.
While we acknowledge the risk and potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN and that has 10,000% upside potential, check out our report about the cheapest AI stock.
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