AMZN · News · 20261103N

AI Infrastructure Investment Outlook

AMAZON COM INC · 2026-11-03 · Importance 76 · Surprise 56

Amazon plans about $220 billion in capital expenditures in 2026, with spending expected to rise in 2027, according to the report. Separately, a GF Securities estimate put spending by the five largest U.S. cloud providers at $1.2 trillion in 2027 and $1.4 trillion in 2028, with annual growth slowing from 43% to 16%. The outlook cites cash-flow pressure, credit-rating concerns, and rising borrowing costs as constraints on continued AI infrastructure investment.