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Amazon and Alphabet to Invest Heavily in Data Center Expansion

The Motley Fool +1 ·

  1. 1Amazon's planned capital expenditure for 2026 is approximately $220 billion.
  2. 2Alphabet's projected expenditure for 2026 is approximately $200 billion.
  3. 3AWS accounted for 60% of Amazon's operating profit in the second quarter.

So what's the key point?

Amazon and Alphabet have decided to spend massive amounts of money to expand their data centers. Amazon is incurring large costs to support the business unit that generates 60% of its profit.

Source The Motley Fool +1 · View original ↗

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