Computing Power Sector (20): Amazon AI Cloud Accelerates, CSP Capex Enters New Cycle [Northeast Computer]

English summary

### Computing Power Sector (20): Amazon AI Cloud Accelerates, CSP Capex Enters New Cycle [Northeast Computer] Time: 2026-07-31 13:25:39 Content: Computing Power Sector (20): Amazon AI Cloud Accelerates, CSP Capex Enters New Cycle [Northeast Computer] #AWS growth exceeded expectations, and AI demand drives cloud business into an acceleration phase. On Thursday after the US market close, Amazon reported Q2 2026 results, with revenue of $200.61 billion, beating market expectations. Among them, AWS, the core cloud business, performed strongly, with revenue of $42.2 billion, up 37% YoY, the fastest growth in nearly 18 quarters, exceeding market expectations of 35%-36%. AI-related business continued to grow rapidly. AWS AI business annualized recurring revenue (ARR) increased from about $15 billion in the previous quarter to $25 billion, and total backlog reached $496 billion, with $132 billion in new backlog added in a single quarter, providing ample support for future cloud growth. ...