Amazon shares rose more than 3% on Thursday after a SemiAnalysis report predicted an “AWS AI Resurgence.”
The research firm said that while investors had worried about a so-called “cloud crisis,” the evidence now points to a recovery. AWS, which delivers around 60% of Amazon’s group profits, has faced challenges adapting to the GPU and XPU cloud era.
SemiAnalysis argued that the market has overstated the cloud slowdown and forecast AWS growth to accelerate beyond 20% year-over-year by late 2025.
Amazon, however, has lagged behind competitors in 2025. Microsoft Azure has pulled ahead in new cloud revenue, while Google Cloud has gained momentum with its TPU-driven initiatives. This left Amazon viewed as the weakest performer among the major AI and cloud leaders.
The report highlighted Amazon’s partnership with Anthropic as a key driver of its comeback. Anthropic, described as the leading player in the generative AI market in 2025, is expanding rapidly. To support this growth, AWS is constructing more than a gigawatt of new datacenter capacity for Anthropic, now in the final stages of development.
SemiAnalysis added that AWS is building datacenters at the fastest pace in its history, signaling the scale of its AI-focused investment. “There’s much more on the horizon,” the firm wrote.
