Analysts point out that Amazon's AWS business growth accelerated to 37%, advertising business grew by 26%, and this week it announced a partnership with NVIDIA to deliver 2 million additional GPUs for agent AI, making its valuation more attractive relative to peers. Amazon's Q2 revenue reached $200.61 billion, a year-over-year increase of 19.62%, with operating income of $27.46 billion, a year-over-year increase of 43.24%.