Amazon raises FY26 capex to about USD 220 bn as AI, AWS demand surges
New Delhi [India], August 1 (ANI): Amazon has raised its capital expenditure (capex) guidance for FY26 to around USD 220 billion from about USD 200 billion earlier, as strong demand for its Amazon Web Services (AWS) cloud platform and artificial intelligence (AI) services continues to drive investment, according to a Nuvama Research report.
“Management raised their FY26 capex guidance to Rs USD220bn (from Rs USD200bn earlier), due to high memory costs amid robust demand for AWS and AI services,” Nuvama said in its Global Pulse sector update, citing Amazon’s management commentary.
