Amazon’s US$200bn AI plan sends its shares fallingBloombergAmazon.com Inc shares dropped after the company announced plans to spend US$200 billion this year on data centers, chips and other equipment, sparking concern that its colossal bet on artificial intelligence (AI) might not pay off in the long run. The spending would weigh on profits, with Amazon forecasting operating income of US$16.5 billion to US$21.5 billion this quarter. Amazon shares fell about 10 percent in extended trading after closing at US$222.69 in New York. AWS revenue rose 24 percent to US$35.6 billion — the biggest quarterly growth in more than three years, the company said in a statement. However, the bulk of the US$200 billion would finance Amazon’s effort to meet demand for computing power from AI customers, Jassy said.

Source: Taipei Times February 06, 2026 17:14 UTC