<p>一段时间以来，人工智能（AI）似乎是商业和投资领域最热门的话题。公司们急于将其整合到产品和服务中，投资者们也急于向任何与 AI 相关的公司投入资金，媒体对此似乎也乐此不疲。</p>
<p>许多大型科技公司仍在大力押注 AI，未来对它们来说看起来充满希望。然而，今年，许多公司因 AI 而推动的股价增长有所降温并出现反转。<strong>亚马逊</strong>（AMZN -1.54%）就是一个典型例子。</p>
<p>从 2023 年初到 2024 年底，亚马逊的股价上涨超过 160%。截至今年 4 月 29 日，其股价已下跌超过 15%。尽管今年迄今面临挑战，亚马逊仍然是 AI 生态系统中更为重要的公司之一，也是顶级的 AI 投资选择。以下是三个原因。</p>
<h2>1. 亚马逊网络服务是 AI 领域的重要组成部分</h2>
<p>亚马逊网络服务（AWS）是全球领先的云平台，截至 2024 年底市场份额为 30%。相比之下，第二和第三大云平台是 <strong>微软</strong> 的 Azure 和谷歌云，市场份额分别为 21% 和 12%。</p>
<p>AWS 不仅仅是一个存储和托管服务，它已经成为训练和部署 AI 模型的首选平台。可以这样理解：AWS 在 AI 基础设施中的地位就像 <strong>家得宝</strong> 和 <strong>Lowe's</strong> 在家居改善中的地位。</p>
<p>AWS 拥有亚马逊 SageMaker，使得训练、构建和部署机器学习模型变得更加简单。它还拥有亚马逊 Bedrock，让客户能够轻松构建生成式 AI 应用，而无需从头开始，这将是极其昂贵和耗时的。</p>
<p>除非发生重大干扰或商业不当行为，否则在可预见的未来，没有云平台能够在规模上与 AWS 竞争。</p>
<p>在 2024 年，AWS 的收入达到 1076 亿美元，同比增长 19%。这超过了 <strong>麦当劳</strong>、<strong>维萨</strong> 和 <strong>星巴克</strong> 的 2024 年总收入。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/69b21ff696d3461687617717fb694fbd.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/69b21ff696d3461687617717fb694fbd.png"/></p>
<p>AMZN 年收入数据来自 YCharts</p>
<h2>2. 亚马逊能够在广泛的业务中整合 AI</h2>
<p>亚马逊已经发展成为一个令人印象深刻的综合企业。它在电子商务（Amazon.com）、云计算（AWS）、广告（Amazon Ads）、娱乐（Amazon Prime）和医疗保健（Amazon Pharmacy）等领域都有显著的存在。所有这些领域都将从亚马逊将 AI 整合到其中中受益匪浅。</p>
<p>亚马逊的电子商务通过更好的产品推荐和库存管理受益。其广告部门通过更准确的受众定位受益。其娱乐部门通过个性化内容建议受益。其医疗保健部门通过处方管理和患者数据分析受益。</p>
<p>AI 不会成为这些业务的救命稻草，但它将提升它们的价值主张，使其在与其他公司竞争时更具优势。</p>
<h2>3. 亚马逊正在有效利用资金</h2>
<p>亚马逊电子商务业务的一个最佳部分是它赚取了大量资金，这使得亚马逊能够投资于其他高利润的业务领域。亚马逊也毫不吝啬地将这些资金投入使用。</p>
<p>在 2024 年第四季度，亚马逊的资本支出达到 263 亿美元，其中大部分用于 AWS 的 AI 基础设施。今年，支出预计将继续保持这一水平，亚马逊的支出将超过 1000 亿美元，按照其首席财务官的说法。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/59b73874fdb68c1963214e74bff42b3f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/59b73874fdb68c1963214e74bff42b3f.png"/></p>
<p>AMZN 年资本支出数据来自 YCharts</p>
<p>能够支出 1000 亿美元不仅突显了亚马逊的财务实力，也表明了公司在 AI 竞赛中领先的决心，并确保其在 AI 生态系统中保持领先地位。</p>
<p>亚马逊的股票现在是一个买入机会，但其真正的价值将在长期内显现，当其支出和投资开始带来回报时。</p>
<p>如果你对当前股市的高波动性感到担忧，可以考虑采用定投策略，慢慢而稳妥地获取股票（或者如果你已经是投资者，则获取更多股票）。</p>

亚马逊

<p>尽管最近股价下跌，亚马逊仍然是顶尖的人工智能投资选择。主要原因包括：1）亚马逊网络服务（AWS）在人工智能基础设施市场中占据 30% 的份额，预计在 2024 年产生 1076 亿美元的收入。2）亚马逊多元化的业务部门受益于人工智能的整合，提升了电子商务、广告、娱乐和医疗保健的表现。3）亚马逊强大的财务状况使其能够进行重大资本支出，预计在 2024 年超过 1000 亿美元，重点投资于人工智能基础设施。投资者被鼓励在市场波动中考虑定投策略</p>

<p>For a while, it seemed like artificial intelligence (AI) was the hottest topic in the business and investing world. Companies rushed to integrate it into their products and services, investors rushed to pour money into any company dealing with AI, and the media couldn't seem to get enough of it.</p>
<div class="lb-trans"><p>一段时间以来，人工智能（AI）似乎是商业和投资领域最热门的话题。公司们急于将其整合到产品和服务中，投资者们也急于向任何与 AI 相关的公司投入资金，媒体对此似乎也乐此不疲。</p>
</div><p>Many big tech companies are still betting big on AI, and the future looks promising for many of them. However, this year, the AI-fueled stock price growth many of them experienced has cooled down a bit and reversed course. <strong>Amazon</strong>(AMZN -1.54%) is a prime example.</p>
<div class="lb-trans"><p>许多大型科技公司仍在大力押注 AI，未来对它们来说看起来充满希望。然而，今年，许多公司因 AI 而推动的股价增长有所降温并出现反转。<strong>亚马逊</strong>（AMZN -1.54%）就是一个典型例子。</p>
</div><p>From the start of 2023 through the end of 2024, Amazon's stock surged more than 160%. As of April 29 this year, its stock is down over 15%. Despite the struggles so far this year, Amazon is still one of the more important companies in the AI ecosystem and a top AI buy. Below are three reasons why.</p>
<div class="lb-trans"><p>从 2023 年初到 2024 年底，亚马逊的股价上涨超过 160%。截至今年 4 月 29 日，其股价已下跌超过 15%。尽管今年迄今面临挑战，亚马逊仍然是 AI 生态系统中更为重要的公司之一，也是顶级的 AI 投资选择。以下是三个原因。</p>
</div><h2>1. Amazon Web Services is an important part of the AI landscape</h2>
<div class="lb-trans"><h2>1. 亚马逊网络服务是 AI 领域的重要组成部分</h2>
</div><p>Amazon Web Services (AWS) is the leading cloud platform in the world, with a market share of 30% as of the end of 2024. For perspective, the next two largest are <strong>Microsoft</strong> Azure and Google Cloud, with market shares of 21% and 12%, respectively.</p>
<div class="lb-trans"><p>亚马逊网络服务（AWS）是全球领先的云平台，截至 2024 年底市场份额为 30%。相比之下，第二和第三大云平台是 <strong>微软</strong> 的 Azure 和谷歌云，市场份额分别为 21% 和 12%。</p>
</div><p>AWS, which helped pioneer cloud computing, has become much more than just a storage and hosting service. It has become a go-to for companies training and deploying AI models. Think about it like this: AWS is to AI infrastructure as what <strong>Home Depot</strong> and <strong>Lowe's</strong> are to home improvement.</p>
<div class="lb-trans"><p>AWS 不仅仅是一个存储和托管服务，它已经成为训练和部署 AI 模型的首选平台。可以这样理解：AWS 在 AI 基础设施中的地位就像 <strong>家得宝</strong> 和 <strong>Lowe's</strong> 在家居改善中的地位。</p>
</div><p>AWS has Amazon SageMarker, which makes training, building, and deploying machine learning models much simpler. It also has Amazon Bedrock, which lets customers easily build generative AI apps for their businesses without having to start from scratch, which would be extremely expensive and time-consuming.</p>
<div class="lb-trans"><p>AWS 拥有亚马逊 SageMaker，使得训练、构建和部署机器学习模型变得更加简单。它还拥有亚马逊 Bedrock，让客户能够轻松构建生成式 AI 应用，而无需从头开始，这将是极其昂贵和耗时的。</p>
</div><p>Short of a massive disruption or business malpractice, no cloud platform should be able to compete with AWS in scale for quite some time.</p>
<div class="lb-trans"><p>除非发生重大干扰或商业不当行为，否则在可预见的未来，没有云平台能够在规模上与 AWS 竞争。</p>
</div><p>In 2024, AWS made $107.6 billion in revenue, up 19% year over year. That's more than the 2024 revenue of <strong>McDonald's</strong>, <strong>Visa</strong>, and <strong>Starbucks</strong> -- combined.</p>
<div class="lb-trans"><p>在 2024 年，AWS 的收入达到 1076 亿美元，同比增长 19%。这超过了 <strong>麦当劳</strong>、<strong>维萨</strong> 和 <strong>星巴克</strong> 的 2024 年总收入。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/69b21ff696d3461687617717fb694fbd.png" alt="" original-src="https://media.ycharts.com/charts/69b21ff696d3461687617717fb694fbd.png"/></p>
<p>AMZN Revenue (Annual) data by YCharts</p>
<div class="lb-trans"><p>AMZN 年收入数据来自 YCharts</p>
</div><h2>2. Amazon can integrate AI across a wide range of businesses</h2>
<div class="lb-trans"><h2>2. 亚马逊能够在广泛的业务中整合 AI</h2>
</div><p>Amazon has developed into an impressive conglomerate. It has a notable presence in e-commerce (Amazon.com), cloud computing (AWS), advertising (Amazon Ads), entertainment (Amazon Prime), and healthcare (Amazon Pharmacy). And they all stand to gain a lot from Amazon integrating AI into them.</p>
<div class="lb-trans"><p>亚马逊已经发展成为一个令人印象深刻的综合企业。它在电子商务（Amazon.com）、云计算（AWS）、广告（Amazon Ads）、娱乐（Amazon Prime）和医疗保健（Amazon Pharmacy）等领域都有显著的存在。所有这些领域都将从亚马逊将 AI 整合到其中中受益匪浅。</p>
</div><p>Amazon's e-commerce benefits from better product recommendations and inventory management. Its advertising segment benefits from more accurate audience targeting. Its entertainment segment benefits from personalized content suggestions. And its healthcare segment benefits from prescription management and patient data analysis.</p>
<div class="lb-trans"><p>亚马逊的电子商务通过更好的产品推荐和库存管理受益。其广告部门通过更准确的受众定位受益。其娱乐部门通过个性化内容建议受益。其医疗保健部门通过处方管理和患者数据分析受益。</p>
</div><p>AI won't be the saving grace for these businesses, but it will increase their value propositions as they compete against other companies in those industries.</p>
<div class="lb-trans"><p>AI 不会成为这些业务的救命稻草，但它将提升它们的价值主张，使其在与其他公司竞争时更具优势。</p>
</div><h2>3. Amazon is putting its money to use</h2>
<div class="lb-trans"><h2>3. 亚马逊正在有效利用资金</h2>
</div><p>One of the best parts of Amazon's e-commerce business is that it makes a ton of money, which allows Amazon to invest in other higher-margin business segments. And Amazon isn't shy about putting that money to use.</p>
<div class="lb-trans"><p>亚马逊电子商务业务的一个最佳部分是它赚取了大量资金，这使得亚马逊能够投资于其他高利润的业务领域。亚马逊也毫不吝啬地将这些资金投入使用。</p>
</div><p>In the fourth quarter of 2024, Amazon spent $26.3 billion in capital expenditures, with much it going toward AWS AI infrastructure. This year, the spending is set to continue at that rate, putting Amazon's spending at more than $100 billion, according to its chief financial officer.</p>
<div class="lb-trans"><p>在 2024 年第四季度，亚马逊的资本支出达到 263 亿美元，其中大部分用于 AWS 的 AI 基础设施。今年，支出预计将继续保持这一水平，亚马逊的支出将超过 1000 亿美元，按照其首席财务官的说法。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/59b73874fdb68c1963214e74bff42b3f.png" alt="" original-src="https://media.ycharts.com/charts/59b73874fdb68c1963214e74bff42b3f.png"/></p>
<p>AMZN Capital Expenditures (Annual) data by YCharts</p>
<div class="lb-trans"><p>AMZN 年资本支出数据来自 YCharts</p>
</div><p>Being able to spend $100 billion not only highlights Amazon's financial strength, but it also indicates the company's commitment to leading the AI race and ensuring it remains a leader in the AI ecosystem.</p>
<div class="lb-trans"><p>能够支出 1000 亿美元不仅突显了亚马逊的财务实力，也表明了公司在 AI 竞赛中领先的决心，并确保其在 AI 生态系统中保持领先地位。</p>
</div><p>Amazon's stock is a buy now, but its true value will be realized over the long run when its spending and investments begin to pay off.</p>
<div class="lb-trans"><p>亚马逊的股票现在是一个买入机会，但其真正的价值将在长期内显现，当其支出和投资开始带来回报时。</p>
</div><p>If you're concerned about the high volatility in the stock market right now, consider dollar-cost averaging to slowly but surely acquire shares (or more shares, if you're already an investor).</p>
<div class="lb-trans"><p>如果你对当前股市的高波动性感到担忧，可以考虑采用定投策略，慢慢而稳妥地获取股票（或者如果你已经是投资者，则获取更多股票）。</p>
</div>

3 Reasons Amazon Stock Is Still a Top Artificial Intelligence Buy Right Now

- 亚马逊的股价在 2023 年初上涨超过 160%，但截至 2025 年 4 月 29 日下跌超过 15%。  
- 亚马逊云服务（AWS）占据全球云市场 30% 的份额，是 AI 基础设施的重要组成部分。  
- 亚马逊在多个业务领域整合 AI，提升产品推荐、广告精准度和医疗数据分析等能力。  

亚马逊股票依然是当前人工智能领域最佳投资选择的三个理由