Amazon CEO: Capex to Reach $220 Billion
Amazon boosts capital expenditure
Story updates
09:17:52 PM UTC
SquawkNews
AMAZON: - WE ARE INCREASING CAPEX FOR 2026 FROM $200B TO $220B - THIS WILL GO UP MORE IN 2027, DEMAND STILL FAR MORE THAN SUPPLY - 2028 DEMAND IS ALREADY COMING IN - WE THINK AWS WILL BE A $1T/YR BUSINESS
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