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Amazon Hikes 2026 AI Capex to $220B as AWS Drives Explosive Operating Income

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Amazon increased its 2026 capex target to $220 billion amid accelerating AI demand.
  • Surging AWS growth drove Q2 operating income up 43.2% to $27.5 billion, confirming that aggressive AI investments are delivering strong revenue returns while widening competitive moats.
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AMZN price history

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