Jim Cramer Says “Amazon is Winning, and It’s Winning Big”

Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer maintained a positive view of the company, as he commented:

Go back to what we learned from Amazon on Monday on the show. The age of compute domination based on AI is already well underway. The guest this morning was begging for a brick. He had it all backward. See, they, meaning big time paying potential customers, are already here, and unless you spend the money to build the infrastructure, they’ll go somewhere else. Amazon Web Services is racking up big client wins at an accelerating pace because it’s committed tens of billions of dollars to get the right plant and equipment in place because it spent. Not in spite of it, because of it. Amazon is winning, and it’s winning big.

That’s an incredibly important thing when you have companies like Anthropic or OpenAI or Meta or TikTok or so many other key clients making decisions about where they should go, which web service should they use. If you don’t build the stadium, they’re going to go elsewhere, and you leave a lot of money on the table. CEO Andy Jassy made it clear that there could be an existential problem if Amazon doesn’t spend enough on infrastructure, doesn’t. Unless you build it, they won’t come to you… We’re now at the point where if Amazon doesn’t put money in these, their numbers actually have to go down, not up, because that business and its billions of dollars in payments will go to Alphabet or Microsoft.

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Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators.

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