Updated
Updated · The Motley Fool · Jul 12
Motley Fool Picks Amazon Over Microsoft, Alphabet as AWS Growth Hits 28%
Updated
Updated · The Motley Fool · Jul 12

Motley Fool Picks Amazon Over Microsoft, Alphabet as AWS Growth Hits 28%

3 articles · Updated · The Motley Fool · Jul 12

Summary

  • Amazon was named the top cloud stock pick over Microsoft and Alphabet, with the analysis favoring its valuation and improving growth profile.
  • AWS revenue rose 28% in the first quarter, and Amazon’s custom-chip business has reached a more than $20 billion run rate, supporting lower AI inference costs and further cloud expansion.
  • Microsoft’s Azure grew 40% last quarter, but the stock has fallen 20% in 2026 as investors worry about its reliance on OpenAI models and Nvidia GPUs.
  • Alphabet has led the group with a roughly 13% stock gain and 63% Google Cloud growth, yet the report still gave Amazon the edge because of stronger e-commerce operating leverage and a forward P/E below 25.

Insights

Can Microsoft's software empire overcome its rivals' custom AI chip advantage?
With custom silicon on the rise, is Nvidia’s dominance in AI hardware at risk?