Amazon CEO Says AWS Shows Strong Growth in Both AI and Non-AI Areas, Backlog Reaches $496 Billion.

English summary

Amazon CEO said on the conference call that 2026 capital expenditures are expected to be $220 billion, mainly for AI. Amazon CEO said that even with increased capital expenditures, there will still not be enough capacity to meet all demand in 2026. Amazon shares rose over 10% in after-hours trading. The company's second-quarter net sales were $200.6 billion, up 20% YoY, versus expectations of $197.01 billion. Amazon CEO said AWS shows strong growth in both AI and non-AI areas, with backlog reaching $496 billion.