Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon, echoing Microsoft, says can’t keep up with AI demand
CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon, echoes rival Microsoft, says it can't keep up with AI demand
Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward ...
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped ...