Amazon.com, Inc. (NASDAQ: AMZN) is back in the center of the AI-and-cloud investing narrative on Wednesday, December 17, 2025, after a Reuters report said the company is in talks to invest about $10 billion in ChatGPT-maker OpenAI—a potential deal that could value OpenAI at more than $500 billion. [1]
The headline hit a market already obsessed with who will supply the “picks and shovels” of generative AI: cloud capacity, power, and chips. In premarket trading, Amazon shares rose about 1.4% to roughly $225.68, according to a Refinitiv/Reuters market note. [2]
Below is what’s driving AMZN today, what the OpenAI angle could mean for AWS and Amazon’s custom silicon (Trainium), and how Wall Street forecasts are lining up into 2026.
Amazon stock today: why AMZN is moving on
The market’s immediate takeaway is simple: Amazon may be positioning AWS as a core infrastructure partner for OpenAI—not just as a cloud vendor, but as a capital partner tied to chip adoption and…
