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Amazon will spend about $200 billion on capital expenditures in 2026.

Andy Jassy, Amazon · made Feb 5, 2026 · target Dec 2026 · Open

With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital.
Andy Jassy, Amazon Q4 2025 earnings release (SEC Form 8-K, Exhibit 99.1)

The prediction

Who
Andy Jassy, CEO, Amazon
Made
Feb 5, 2026
Target
Dec 31, 2026 (stated as "in 2026")
Status
Openin 3 months

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