$AMZN · Jose Najarro Stocks · 2026-10-27
Amazon 是我在 Meta 之后的选择。它起初在 Google 和 Microsoft 加大 AI 资本开支时按兵不动，但如今已加快 AI 投资；过去两个财报季，Andy Jassy 给了投资者极大的信心，让他们相信这是正确的路线；不过我仍认为这一判断是五五开。
逐段跳播
Amazon 和 Alphabet 可能会提高这一数字。
Amazon and Alphabet may increase it.
我忘了是在哪次财报，是最近这次财报还是上一次，Amazon 的 CEO 大致谈到了这一点，Steve，就是很多人并不，我忘了，他给出了云中实际工作负载的具体数字，那个数字很低，很多人原本以为会超过 50%，我不认为，我相信他分享的数字是，目前云市场中的工作负载还远不到 50%。
And I I I forget in which earnings if it was this last this latest latest earnings or the one before uh the CEO of Amazon was kind of just talking about that point Steve where like many people don't I I forget he gave um he gave the actual number of like what the actual workload is in cloud and it was like so low like many people expected to be like north of like 50% I don't believe it's I believe the number he shared was it was nowhere near 50% of workloads that are are in the cloud market just yet.
所以对我来说，这些更像是介于芯片和许多其他组件之间的东西，比如 NDL72，以及 Amazon 能够与更多芯片通信，你会看到来自 Ster Labs 或 Credo 的产品。
uh so so for me th those are kind of more like very in between in the chips and a lot of these other components like for for NDL72 right and for Amazon being able to communicate with a lot more chips to chips you see kind of products from either Ster Labs or Credo.
但这太难了，因为我也认为 Amazon 正被晾在一边，结果很难说。我想，如果我还有另一个，如果我必须选择，如果我不能选 Zuck，我同意，Steve。我想我也会选 Amazon。
But it's so hard because I also think Amazon is being left in the wind and it's a toss up. I think if if I had another if I had to choose if I couldn't choose Zuck, I agree, Steve. I think I would pick um Amazon as well.
我认为 Amazon，Steve，他们开始得，我不知道他们是不是开始得晚，但当 AI 真正开始起飞时，Amazon 却在慢慢来。就像在说，让我看看周围的情况。人们都在说，其他所有人都在大幅增加资本开支。
Google 是，Microsoft 是，而 Amazon 至少有一段时间看起来像是，我们不会急着投入。但现在，我觉得这些家伙就像在说，我想过了，这是我的市场，我不会失去它。然后他们在 AI 投资上就加速了。
Andy 正在给投资者信心，巨大的信心。我认为在最近两次财报中，这就是他们需要做的事。
I think Amazon Steve started really I don't know if they started late but when AI really started to take off Amazon was taking its sweet time. It was like you know what let me let me paint let me see things around them. people going like, "Ah, everybody else is increasing their capex dramatically."
Google is, Microsoft is, Amazon kind of like, at least for a time, seem like, you know what, we're not going to rush into this just yet. But now, now I feel like these guys are they're like, you know what?
I thought about it. I this is my market. I'm not going to lose it. And they just hit that acceleration in in AI investments. And Andy is is giving confidence, a massive confidence to investors.
I think in the last two earnings that this is what they need to do.
这个频道对 $AMZN 的历次判断
Jose Najarro Stocks 在这只股票上共 4 条判断，这里只列相邻的几条。