Big TechLive Wire · AI-collected
Amazon Hikes 2026 Capex to $220 Billion Due to Higher Memory Costs
- Amazon raised its 2026 capital expenditure guidance to $220 billion, citing higher memory costs, according to the report.
- AWS sales expanded 37% year over year, topping analysts' expectations for 31% growth, per the report.
Published Jul 30Source: CNBC ↗