The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.

Shares in the tech giant fell in after hours trade as investors appeared wary of the sector's big spending plans.

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Amazon's capital expenditure projection comes in at $200 billion, above analysts' estimates of $146.6 billion and higher than the roughly $131 billion in 2025.

The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.

Amazon's capital expenditure projection comes in at $200 billion, above analysts' estimates of $146.6 billion and higher than the roughly $131 billion in 2025.

Amazon said much of its big spending would be focused on artificial intelligence data centers.

Amazon shares fell 7% on Friday after management issued a 2026 capital expenditures guide of $200 billion.