亚马逊激进的AI硬件收购（与英伟达合作）和数据库软件投资支持其作为主要AI参与者的地位；未来利润率扩张依赖于通过机器人技术实现的大规模劳动力自动化。
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接下来看亚马逊，本周开盘价为 261 美元。股价在本周晚些时候获得买盘，上涨近 1.8% 8%，最终收于 266 美元。
Moving on to Amazon started the week at 261. Shares caught a bid late in the week, up nearly 1.8% 8% to finish the week at 266.
AWS 与英伟达达成战略合作，新增 200 万块 GPU。这实际花费将远超 2 亿美元。200 万块英伟达 GPU 价值数十亿美元。这还不包括亚马逊已同意从 2026 年开始购买的 100 万块 GPU。
AWS and Nvidia striking a strategic partnership for $2 million 2 million additional GPUs. It's going to cost way more than $2 million. 2 million Nvidia GPUs is billions of dollars. This is on top of the 1 million GPUs that Amazon agreed to buy starting in 2026.
所以亚马逊不仅在自家定制芯片上全力以赴，也在英伟达的芯片上全力以赴。这显然是为了服务他们那些大客户，他们在 Anthropic 和 OpenAI 上都有巨额投资，很可能用于大规模训练。
So Amazon is going all in not only on their own custom silicon but also Nvidia's as well. This is obviously to serve their big giant customers that they have big giant investments in both anthropic and open AAI likely for large training runs.
公司还收购了 Duck Labs，我认为这是一种数据库软件。它不包括一些开源软件，比如 DuckDB 和 Duck Lake，但它基本上就是那种收购，如果你愿意的话，把关键技术、资源和知识带到数据库领域。
Now company also acquired Duck Labs which is I believe a version of database software. Now, it doesn't include some of the open- source software, including Duck DB and Duck Lake, but it does is more or less one of these aquaers, if you will, where you bring key technology and resources and knowledge to the database side.
我一直说，如果你密切关注我的内容，有一种软件，或者两种软件，如果你把网络安全也算作软件的话，是不会被设计淘汰的，而数据库将在很长一段时间内成为 AI 的关键。
And I've long said if you follow my content closely, the one piece of software that or there two pieces of software if you include cyber security in something that is software that is not going to get designed out and database is going to be the lynchpin of AI for a long period of time.
公司还在继续尝试用 vibe coding 来替代员工。这有点开玩笑。但公司正在开发 Tet Romeo 之类的东西。基本上，这只是亚马逊内部的另一个实验室，试图自动化那些可以自动化的流程。
由于公司在维持仓库员工方面遇到困难，他们需要继续尝试替代，并在很多方面让这些工作对想在那里待几年的人更安全、更可接受。
Now the company is continuing to try to vibe code out its employees. That is somewhat of a joke. But the company is developing Tet Romeo or something like that. Basically, this is just another lab inside of Amazon that is trying to automate processes that can be automated. As the company has trouble maintaining employment at its warehouses, they need to continue to try to replace and make in a lot of ways those jobs safer and more palatable for the people that do want to stay there for a couple of years.
我一直认为亚马逊将用机器人取代大量员工。那时这家公司的利润率将大幅扩张，届时他们可能会有 1 万亿美元的收入。
And I've long held the belief that Amazon is going to replace large swaths of its employees with robots. And that is when the margins over at this company will expand tremendously and they'll probably have a trillion dollars of revenue at that time.
现在，Zoox 继续大放异彩，这是亚马逊进入市场的产品。他们扩大了在旧金山的机器人出租车业务。如果你去拉斯维加斯和旧金山，你会看到不少这样的车。
Now, Thomas Vehicles continue to get their moment in the sun as Zuks, which is Amazon's entry into the market. They expanded their robo taxi footprint in San Francisco. If you go to Las Vegas and San Francisco, you tend to see quite a few of these.
Waymo 已经扩大了规模，然后你还有亚马逊的 Zoox 也在拉斯维加斯和旧金山运营。
Whimo has already ramped up and then you have Amazon Zuks as well operating in Las Vegas in San Francisco.
亚马逊收出了一根大阳线。天哪，那是在较短期的移动平均线之上的一根大阳线。这表明有买家介入。亚马逊刚刚创出更高的高点。没什么可看的。
Amazon put up a big old green candle. Man, that was a big green candle off your shorterterm moving averages. Just showing you there is buyers that step in there. Just created a new higher high on Amazon. Not much to see there.
这个频道对 $AMZN 的历次判断
The Investor Channel 在这只股票上共 2 条判断，这里只列相邻的几条。