Amazon (NASDAQ: AMZN) recently joined the $3 trillion club, with its stock driven higher by better-than-expected earnings results. In fact, Amazon could become a $5 trillion company by 2029 simply by sticking with its current course. Amazon's cloud computing business saw revenue grow 37% year over year, marking the fifth consecutive quarter of accelerating revenue growth for the segment. That includes deals with OpenAI and Anthropic to use its Trainium chips. It's set to provide 2 GW worth of Trainium chips to OpenAI.