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Amazon raises 2026 capex estimate to $220 billion for memory costs
AWS revenue growth accelerated to 37% year over year, exceeding analysts expectations for 31% growth.
Amazon is increasing its planned 2026 capital expenditures to $220 billion, CNBC reports, attributing the higher spending to rising memory costs.
The company also highlighted AWS performance, with AWS sales expanding 37% year over year, which the outlet says outpaced analysts expectations for 31% growth.
The updates connect Amazon's larger 2026 capex outlook with stronger AWS momentum, in a period when the cloud unit is drawing close attention from investors and analysts.