Here’s Why Amazon's $220 Billion in Capital Spending Shouldn’t Worry Investors.

Key Points Amazon operates the world’s leading cloud service, Amazon Web Services (AWS), and revenue is soaring. The company is investing to keep up with demand from AI and non-AI customers. These 10 stocks could mint the next wave of millionaires › Amazon (NASDAQ:AMZN) has been one of the key players in the artificial intelligence (AI) revolution thanks to Amazon Web Services (AWS). Customers turn to cloud providers like AWS for access to AI chips, large language models, and more -- and this has translated into tremendous growth for AWS and Amazon overall. But one element has weighed on the minds of investors, and at certain points, demand for Amazon stock.