Amazon’s AI Ambitions Could Outshine Nvidia by 2030—Here’s Why

Forget the GPU arms race—Amazon’s betting the house on AI infrastructure, and Wall Street’s starting to notice. While Nvidia rides the AI chip wave, Bezos & Co. are quietly building the backbone of the next computing era.

Cloud dominance meets AI firepower

AWS already controls a third of the cloud market. Now they’re layering generative AI tools atop that empire—while Nvidia remains a hardware play at heart. Amazon’s moat? They own both the playground and the toys.

The trillion-dollar question

Can Amazon’s end-to-end approach outmaneuver Nvidia’s silicon supremacy? Analysts whisper ’yes’—provided they don’t get distracted by another moonshot project. (Looking at you, cash-bleeding Alexa division.)

One hedge fund manager quipped: ’At least when Amazon misses earnings, they’ve got Prime Day to blame.’

Can Amazon Usurp Nvidia in Market Cap Over the Next Five Years?

Both Amazon and Nvidia have become some of the most valuable companies in the world. The two brands are leaders in the Magnificent 7 group while sitting as the third and fourth largest companies by market cap in the world. The question is, could their positions eventually flip?

Presently, NVDA has a market value of $2.7 trillion, dropping from the top spot it held last year. Alternatively, AMZN has a $2 trillion market value with the potential to increase. So, could a swap take place? Specifically, could Amazon eclipse Nvidia by the year 2030 thanks to AI?

For Amazon, its usage of AI has greatly benefited AWS, its most profitable endeavor. The firm recently invested $8 billion in AI startup Anthropic, seeking to help propel its usage of the tech. In turn, the cloud-computing business saw its revenue reach $117 in Q1, with an operating margin reaching 39%.

Meanwhile, Nvidia may be struggling in the AI race. Specifically, companies like Amazon, Microsoft (MSFT), Meta Platforms (META), and Alphabet (GOOGL) are all exploring the creation of their own AI chips. If this were to become successful, it would massively threaten Nvidia’s impact on the market.

That reality will ultimately decide the stock’s fate. If it is able to successfully create its own AI chips that power its thriving businesses, it could certainly be headed for an evaluation well above the $3 trillion mark. Moreover, it could even be one of the firms eyeing the history-making position as the first to reach a $4 trillion value.