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NeutralLOW severityTech & AI22d ago

Amazon's debt nearly doubled to $129 billion in 6 months as CEO Jassy defends $220 billion data center spending spree

Reported by Yahoo Finance · finance.yahoo.com · August 2, 2026

Amazon spent $53.1 billion on AI-driven capital projects in one quarter and expects to spend about $220 billion for the full year.

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What to watch: This report cites a concrete figure ($129 billion) — compare it against the trailing trend before treating one data point as a turning point.

Amount
$129 billion
Amount
$220 billion
Amount
$53.1 billion

Market reaction today: $AMZN +1.33%

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