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At close · Thu, Jul 30, 2026
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Home›Earnings›Previews›Amazon raises 2026 capex plan to $220 billion

Amazon raises 2026 capex plan to $220 billion

Amazon said AWS revenue grew 37% year over year and accelerated plans for 2026 spending.

Reported · Written up by our desk · Previews

Amazon is increasing its 2026 capital expenditure outlook to $220 billion, citing higher memory costs, according to CNBC Markets.

The company also pointed to strong momentum in its cloud business, with AWS sales expanding 37% year over year, which surpassed analysts expectations for 31% growth, CNBC reported.

The updates frame Amazon's larger spending plan alongside faster AWS growth, suggesting continued investment in its infrastructure needs for cloud operations.

CNBC World and CNBC Earnings carried the same account of the revised capex target and the AWS growth figures.

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Sources

CNBC MarketsAmazon hikes 2026 capex to $220 billion due to higher memory costs
CNBC WorldAmazon hikes 2026 capex to $220 billion due to higher memory costs
CNBC EarningsAmazon hikes 2026 capex to $220 billion due to higher memory costs

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