“We Were So Worried About” Amazon.com, Inc. (AMZN), Says Jim Cramer

We recently published 9 Stocks on Jim Cramer’s Radar. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed.

AI and eCommerce giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares have gained a modest 5% year-to-date. Cramer’s recent comments about the firm have discussed its in-house Trainium AI chips and the role they play in the debate in the AI industry surrounding the cost-performance benefits of non-NVIDIA AI GPUs. Amazon.com, Inc. (NASDAQ:AMZN)’s cloud computing business has been at the center of media debate as a growth slowdown has been attributed to its shares dipping by 8% after its August earnings report. In his previous comments about Amazon.com, Inc. (NASDAQ:AMZN) while initially Cramer wondered whether using more NVIDIA GPUs could help the cloud business, he later conceded that the firm was spending the right amount to generate long-term AI growth. Naturally, Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business, Amazon Web Services, also made it on Cramer’s radar this time:

“Amazon, we were so worried about Amazon Web Services, well when is that, when is [inaudible] worrier, I forget. I forget. . .”

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Disclosure: None. This article is originally published at Insider Monkey.