Amazon Raises Capex to $220B as AWS Reports Insufficient Compute Supply
mitchdeg · x · 2026-07-31
Amazon reported strong Q3 FY2026 results, with sales up 20% to $200.6 billion and operating income surging 43%. Notably, AWS revenue grew 36.7%, reaching a $170 billion annual run rate.
To meet surging demand, Amazon increased its 2026 capital expenditure projection by 10% to $220 billion. The company explicitly stated that even at this massive investment level, compute capacity will still fall short of meeting all market demand in 2026. Its advertising division also remains highly profitable with 26% growth.
Related event: AWS Revenue Beats with 37% Growth, Capex Raised to $220B(17 posts)→
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