Amazon Shares Jump 25% After $100B Anthropic AI Deal and $200B Capex Plan
Amazon shares climbed over 25% after securing a $100 billion, 10-year AI infrastructure deal with Anthropic and a landmark AWS Graviton5 chip agreement with Meta. The company plans about $200 billion in 2026 capital expenditures and will report Q1 results on April 29 alongside three other megacaps.
1. AI Infrastructure Deals
Amazon clinched a $100+ billion, 10-year AI infrastructure deal with Anthropic and signed a major AWS Graviton5 chip supply agreement with Meta, reinforcing its leadership in cloud-based AI services.
2. Capex Forecast and Chip Business
Amazon plans approximately $200 billion in capital expenditures for 2026, driven by expansion of its high-margin AWS custom chip business, which grew at triple-digit rates to over $20 billion in annual revenue run rate.
3. Upcoming Earnings and Policy Milestone
Amazon will report first-quarter results on April 29 alongside Alphabet, Meta and Microsoft, coinciding with the Federal Reserve’s final policy meeting under Chair Jerome Powell, adding macroeconomic significance to its earnings release.