Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.

Amazon (AMZN) will release Q2 earnings on July 30. Analysts expect $1.82 EPS and $196.25B revenue. Stock fell 1.8% Wed. See analyst ratings and targets.

Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.