Amazon (NASDAQ: AMZN) is utilizing AI advancements to enhance customer services through its Bedrock and SageMaker platforms, along with custom AI chips to maintain a cost advantage. The company recently deployed its millionth robot in its fulfillment centers and introduced the DeepFleet AI model to improve efficiency and delivery logistics.
Broadcom (NASDAQ: AVGO) reported a 70% increase in AI networking revenue last quarter and is actively developing custom AI chips, potentially tapping into a $60 billion to $90 billion market by fiscal 2027 with clients aiming to deploy 1 million AI chip clusters. These chips promise greater efficiency compared to traditional GPUs.
Philip Morris International (NYSE: PM) is experiencing growth driven by its popular Zyn nicotine pouches, with shipments increasing 53% recently and a full-year guidance of 800 million to 840 million cans. Additionally, the company sold over 37 billion Iqos units globally, with plans for U.S. expansion pending FDA clearance, indicative of strong potential in a declining tobacco market.
