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Markets · Investing · Business
Finance
Here's the Major Winner of Amazon's 2026 $220 Billion Capital Expenditure Bill
Amazon just boosted its capital expenditure forecast due to soaring memory chip prices.
Amazon(NASDAQ: AMZN) holds the record for the biggest spender in 2026's AI arms race. It's planning to spend $220 billion in capital expenditures this year, up from its initial $200 billion projection. And on its Q2 earnings call, Amazon cited one component as the driver of increasing its projection by $20 billion: memory.
There are a handful of memory chip manufacturers, but chief among them is Micron(NASDAQ: MU). Micron is a major player in this sector, and this forecast increase should give Micron investors confidence that the memory chip boom isn't just a flash in the pan; it could last for years.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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