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JPMorgan projects Amazon capex of $395B in 2027 and $476B in 2028

FROM THE WIRE · FINANCE.YAHOO.COM

Amazon's (AMZN) big spending on AI investments is only just beginning, JPMorgan tech analyst Doug Anmuth warns. "We do not expect capex growth to decelerate or slow next year, and as such we project capex of $395 billion in 2027 (+77% year over year) followed by $476 billion in…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishVery large AI spending forecasts for a mega-cap can shape sentiment on AMZN and the cloud/AI sector.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Amazon.com, Inc.AMZNStock251.02 USD-0.28%today +4.44%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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