Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...
Investors Await Nvidia Earnings As AI Spending Continues Rising.
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...
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Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
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