AWS News & Analysis

Amazon Plans $200 Billion Capital Expenditure in 2026, Stock Down 15%

Amazon (NASDAQ: AMZN) announced a $200 billion capital expenditure plan for 2026, focused on artificial intelligence technology. Following the announcement, the stock fell 15% from its pre-announcement price. Amazon Web Services (AWS) accounted for 57% of the company's operating income in the previous year, despite representing only 18% of total revenue. AWS contributed an operating income of $45.6 billion in 2025, with a year-over-year growth of nearly 15%. The AI infrastructure market is projected to grow at an average annual rate of nearly 25% through 2030.