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Stocks· August 02, 2026 at 02:00 PM

Amazon's debt nearly doubled to $129 billion in 6 months as CEO Jassy defends $220 billion data center spending spree

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Amazon spent $53.1 billion on AI-driven capital projects in one quarter and expects to spend about $220 billion for the full year.

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Yahoo Finance · Read original

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