<p>每个人都想在人工智能（AI）市场中分一杯羹。自从 OpenAI 推出 ChatGPT 取得重大突破以来，该行业吸引了大量企业的关注。没有哪家公司比 <strong>Nvidia</strong> 受益更多，尽管这家芯片制造商是一个优秀的投资选择，但我最喜欢的 AI 股票是 <strong>Amazon</strong>（AMZN -2.55%）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTgxNzIvcGVyc29uLXBhY2tpbmctc2hpcHBpbmctYm94ZXMuanBnJnc9NzAw?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://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTgxNzIvcGVyc29uLXBhY2tpbmctc2hpcHBpbmctYm94ZXMuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>AI 及更多</h2>
<p>亚马逊之所以是一只有吸引力的股票，原因之一是其业务在 AI 之外有显著的多样化。这使得公司即使在这一部门面临挑战时，仍能相对良好地表现，或者在经济问题出现时也是如此。</p>
<p>例如，亚马逊是一家领先的杂货连锁店。该公司在美国电子商务市场也占据了最高份额。去年，一家独立公司的研究发现，亚马逊是最便宜的在线零售商——这是该公司连续第八年获得这一评级。</p>
<p>再加上亚马逊提供各种优惠，包括一天送达和便捷的退货，即使在经济下行时，这也是成功的配方。并不是说亚马逊不会受到影响，而是该公司的韧性超过了大多数同行。</p>
<p>当然，亚马逊的云计算部门 Amazon Web Services（AWS）仍然是其最大的增长驱动力和利润来源。科技巨头通过 AWS 提供各种与 AI 相关的服务，帮助提升这一已经表现出色的部门。好消息是：AWS 还有很大的增长空间。正如首席执行官 Andy Jassy 在第一季度财报电话会议上指出的那样，“全球 IT 支出的 85% 以上仍然是在本地进行的，因此尚未迁移到云端。”</p>
<p>随着越来越多的支出迁移到云端，考虑到亚马逊在云计算市场的领先地位，亚马逊应该是最大的受益者之一。这一转变可能需要一段时间，因此亚马逊可以在这波浪潮中持续受益。AWS 的年化收入达到 1170 亿美元——作为对比，亚马逊去年的净销售额为 6380 亿美元。</p>
<p>AWS 的成功固然重要，但亚马逊并不仅仅通过云端提供 AI 服务。该公司正在其业务中实施各种技术应用。根据 Jassy 的说法，亚马逊拥有超过 1000 个 AI 应用，包括其下一代虚拟助手 Alexa Plus、广告业务、履行网络等。</p>
<p>该公司相信 AI 可以帮助改善客户服务。预计随着亚马逊在其运营中不断推出 AI 举措，效率将越来越高。</p>
<h2>亚马逊尚未达到顶峰</h2>
<p>亚马逊几乎在任何有意义的指标上都是全球最大的公司之一。其市值约为 2.3 万亿美元。尽管有些人可能认为这意味着公司没有太多增长空间，但事实恰恰相反。亚马逊在 AWS 和 AI 之外的增长机会还包括其广告业务。该公司拥有全球访问量最高的网站之一，因此自然成为希望接触客户的企业的优秀目标，尤其是因为他们可以直接在平台上销售。</p>
<p>亚马逊的广告部门在第一季度产生了 139 亿美元的收入，同比增长 18%，增速甚至超过了 AWS。数字广告市场仍有很大的增长空间。</p>
<p>值得注意的是，亚马逊增长最快的两个部门，广告和 AWS，通常比公司的传统电子商务服务拥有更高的利润率。因此，随着它们在亚马逊总收入中占据越来越大的份额，这将导致更强的利润和利润率。</p>
<p>最后，亚马逊拥有大约 2 亿的 Prime 会员庞大生态系统。该公司可以为其忠实客户提供一系列服务和订阅。</p>
<p>亚马逊药房的近期成功就是一个很好的例子。虽然该服务不需要会员资格，但确实为用户提供了一系列节省和运输相关的优惠。亚马逊已经在颠覆美国药房市场，并对成熟零售商施加压力。</p>
<p>这充分说明了公司的实力。在 AI、AWS、广告以及可以销售更多服务的用户基础之间，亚马逊拥有充足的增长途径，其业务比大多数同行更为多样化。该股票在长期内仍应能提供优越的回报。因此，亚马逊是我最看好的 AI 股票，值得长期持有。</p>

亚马逊

<p>这篇文章强调了亚马逊（AMZN）作为最佳的人工智能股票，适合长期投资。文章指出亚马逊多元化的商业模式，包括在电子商务、食品杂货和通过亚马逊网络服务（AWS）在云计算领域的强大存在。该公司正在其运营中利用人工智能，拥有超过 1000 个应用程序，提升了客户服务和效率。尽管规模庞大，亚马逊仍然拥有显著的增长机会，特别是在广告和云服务领域，使其成为人工智能市场中一个具有韧性的投资选择</p>

<p>Everyone wants a piece of the artificial intelligence (AI) market. Since OpenAI made a significant breakthrough with the launch of ChatGPT, the industry has attracted considerable attention from corporations. None has benefited from it more than <strong>Nvidia</strong>, and although the chipmaker is an excellent investment, my favorite AI stock to buy and hold is <strong>Amazon</strong>(AMZN -2.55%).</p>
<div class="lb-trans"><p>每个人都想在人工智能（AI）市场中分一杯羹。自从 OpenAI 推出 ChatGPT 取得重大突破以来，该行业吸引了大量企业的关注。没有哪家公司比 <strong>Nvidia</strong> 受益更多，尽管这家芯片制造商是一个优秀的投资选择，但我最喜欢的 AI 股票是 <strong>Amazon</strong>（AMZN -2.55%）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTgxNzIvcGVyc29uLXBhY2tpbmctc2hpcHBpbmctYm94ZXMuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F818172%2Fperson-packing-shipping-boxes.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>AI and so much more</h2>
<div class="lb-trans"><h2>AI 及更多</h2>
</div><p>One reason Amazon is an attractive stock is that its business is significantly diversified beyond AI. That can allow the company to perform relatively well even as this unit faces headwinds, or, for that matter, when economic issues hit.</p>
<div class="lb-trans"><p>亚马逊之所以是一只有吸引力的股票，原因之一是其业务在 AI 之外有显著的多样化。这使得公司即使在这一部门面临挑战时，仍能相对良好地表现，或者在经济问题出现时也是如此。</p>
</div><p>Amazon is a leading grocery chain, for example. The company also has the top share in the U.S. e-commerce market. Last year, a study by an independent company found that Amazon was the cheapest online retailer -- it was the eighth consecutive year the company earned this rating.</p>
<div class="lb-trans"><p>例如，亚马逊是一家领先的杂货连锁店。该公司在美国电子商务市场也占据了最高份额。去年，一家独立公司的研究发现，亚马逊是最便宜的在线零售商——这是该公司连续第八年获得这一评级。</p>
</div><p>Combine that with the fact that Amazon offers all kinds of perks, including one-day shipping and easy returns, and you've got a recipe for success, even when there is a downturn. It's not that Amazon won't be affected. It's that the company is more resilient than most of its peers.</p>
<div class="lb-trans"><p>再加上亚马逊提供各种优惠，包括一天送达和便捷的退货，即使在经济下行时，这也是成功的配方。并不是说亚马逊不会受到影响，而是该公司的韧性超过了大多数同行。</p>
</div><p>Of course, Amazon's cloud computing arm, Amazon Web Services (AWS), remains one of its biggest growth drivers and sources of profits. The tech giant offers various AI-related services through AWS, helping boost this already high-performing segment. Here's the good news: There is significant room to grow for AWS. As CEO Andy Jassy pointed out during the first-quarter earnings conference call, &#34;More than 85% of the global IT spend is still on premises, so not in the cloud yet.&#34;</p>
<div class="lb-trans"><p>当然，亚马逊的云计算部门 Amazon Web Services（AWS）仍然是其最大的增长驱动力和利润来源。科技巨头通过 AWS 提供各种与 AI 相关的服务，帮助提升这一已经表现出色的部门。好消息是：AWS 还有很大的增长空间。正如首席执行官 Andy Jassy 在第一季度财报电话会议上指出的那样，“全球 IT 支出的 85% 以上仍然是在本地进行的，因此尚未迁移到云端。”</p>
</div><p>As more of that spending migrates to the cloud, Amazon should be one of the biggest winners, considering its leading position in the cloud computing market. That shift could take a while, so Amazon could ride this wave for a long time. AWS boasts a $117 billion annual run rate -- for context, Amazon's net sales last year came in at $638 billion.</p>
<div class="lb-trans"><p>随着越来越多的支出迁移到云端，考虑到亚马逊在云计算市场的领先地位，亚马逊应该是最大的受益者之一。这一转变可能需要一段时间，因此亚马逊可以在这波浪潮中持续受益。AWS 的年化收入达到 1170 亿美元——作为对比，亚马逊去年的净销售额为 6380 亿美元。</p>
</div><p>AWS' success is great, but Amazon isn't just offering AI services through the cloud. The company is implementing various applications of the technology across its business. According to Jassy, Amazon has more than 1,000 AI applications, including with its next-gen virtual assistant Alexa Plus, within its advertising business, fulfillment network, etc.</p>
<div class="lb-trans"><p>AWS 的成功固然重要，但亚马逊并不仅仅通过云端提供 AI 服务。该公司正在其业务中实施各种技术应用。根据 Jassy 的说法，亚马逊拥有超过 1000 个 AI 应用，包括其下一代虚拟助手 Alexa Plus、广告业务、履行网络等。</p>
</div><p>The company believes AI can help it improve customer service. Expect Amazon to become increasingly efficient as it continues to roll out AI initiatives across its operations.</p>
<div class="lb-trans"><p>该公司相信 AI 可以帮助改善客户服务。预计随着亚马逊在其运营中不断推出 AI 举措，效率将越来越高。</p>
</div><h2>Amazon hasn't peaked</h2>
<div class="lb-trans"><h2>亚马逊尚未达到顶峰</h2>
</div><p>Amazon is one of the largest companies in the world by almost any meaningful metric. It has a market cap of about $2.3 trillion. Though some might think that means the company doesn't have much room to grow anymore, nothing could be further from the truth. Amazon's growth opportunities beyond AWS and AI include its advertising business. The company has one of the most visited websites in the world, so it is naturally an excellent target for businesses looking to reach customers, especially since they can sell directly on the platform.</p>
<div class="lb-trans"><p>亚马逊几乎在任何有意义的指标上都是全球最大的公司之一。其市值约为 2.3 万亿美元。尽管有些人可能认为这意味着公司没有太多增长空间，但事实恰恰相反。亚马逊在 AWS 和 AI 之外的增长机会还包括其广告业务。该公司拥有全球访问量最高的网站之一，因此自然成为希望接触客户的企业的优秀目标，尤其是因为他们可以直接在平台上销售。</p>
</div><p>Amazon's advertising unit generated $13.9 billion in revenue in the first quarter, increasing 18% year over year, a faster growth rate than even AWS. The digital advertising market still has miles of growth left.</p>
<div class="lb-trans"><p>亚马逊的广告部门在第一季度产生了 139 亿美元的收入，同比增长 18%，增速甚至超过了 AWS。数字广告市场仍有很大的增长空间。</p>
</div><p>It's worth noting that Amazon's fastest-growing segments, advertising and AWS, also tend to be higher-margin businesses than the company's legacy e-commerce services. So, as they capture an increasingly larger share of Amazon's top line, that should lead to stronger profits and margins.</p>
<div class="lb-trans"><p>值得注意的是，亚马逊增长最快的两个部门，广告和 AWS，通常比公司的传统电子商务服务拥有更高的利润率。因此，随着它们在亚马逊总收入中占据越来越大的份额，这将导致更强的利润和利润率。</p>
</div><p>Lastly, Amazon has a vast ecosystem of about 200 million Prime members. The company can offer its loyal customers a range of services and subscriptions.</p>
<div class="lb-trans"><p>最后，亚马逊拥有大约 2 亿的 Prime 会员庞大生态系统。该公司可以为其忠实客户提供一系列服务和订阅。</p>
</div><p>The recent success of Amazon Pharmacy is a good example. A membership is not necessary for the service, but it does grant users a range of savings and shipping-related perks. Amazon is already disrupting the U.S. pharmacy landscape and putting pressure on well-established retailers.</p>
<div class="lb-trans"><p>亚马逊药房的近期成功就是一个很好的例子。虽然该服务不需要会员资格，但确实为用户提供了一系列节省和运输相关的优惠。亚马逊已经在颠覆美国药房市场，并对成熟零售商施加压力。</p>
</div><p>That says a lot about the company. Between AI, AWS, advertising, and an installed base to which it can sell more services, Amazon has ample growth avenues and a more diversified business than most of its peers. The stock should still deliver superior returns over the long run. For these reasons, Amazon is my top AI stock to buy and hold forever.</p>
<div class="lb-trans"><p>这充分说明了公司的实力。在 AI、AWS、广告以及可以销售更多服务的用户基础之间，亚马逊拥有充足的增长途径，其业务比大多数同行更为多样化。该股票在长期内仍应能提供优越的回报。因此，亚马逊是我最看好的 AI 股票，值得长期持有。</p>
</div>

My Top Artificial Intelligence (AI) Stock to Buy in 2025 and Hold Forever

- 亚马逊在人工智能市场中具有多元化的业务优势。  
- 其云计算服务 AWS 和广告业务是主要增长驱动力。  
- 亚马逊的市场潜力和会员生态系统为未来增长提供了保障。  

我在 2025 年最值得购买并长期持有的人工智能（AI）股票