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Amazon's AI Spending Keeps Rising. Andy Jassy Says Memory Costs Drove $20 Billion Capex Increase.
Andy Jassy said Amazon still expects demand to outstrip capacity in 2026 as the company expands AWS data centers and custom AI chips.
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Amazon's AI Spending Keeps Rising. Andy Jassy Says Memory Costs Drove $20 Billion Capex Increase.
Amazon has increased its planned capital spending for 2026 to about $220 billion, with CEO Andy Jassy citing higher AI memory costs and robust cloud demand that is expected to outstrip available capacity through at least 2028.
·New York, United States
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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