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Is Amazon’s Massive Capex Expansion a Drag, or Did They Just Win the Cloud Infrastructure War?
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FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
Amazon just hiked its capex target past $220 billion with demand still exploding, and investors are caught between fear of runaway spending and the possibility that Andy Jassy is executing the same playbook that built AWS into a juggernaut.
Amazon just hiked its capex target past $220 billion with demand still exploding, and investors are caught between fear of runaway spending and the possibility that Andy Jassy is executing the same playbook that built AWS into a juggernaut.
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