Yahoo Finance Executive Editor Brian Sozzi outlines JPMorgan's recent predictions about Amazon's (AMZN) capex acceleration, highlighting how investors are reacting. Video Transcript 00:00 Brian Sozzi Amazon. And this one is lightly tied to my theme of the morning, uh on valuation. The cap X, you we when we heard from Amazon last week, when they were reporting earnings, we heard Andy Jessie say this. 00:10 Brian Sozzi We see quote, meaningfully more or meaningfully more spending for CapX next year than this year. 00:19 Brian Sozzi Amazon is already slated to spend about $220 billion on CapX this year to support their AI build out, help them build more trainium chips. Uh that's a big, big number.
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