Further reporting on Jassy's remarks, including bottlenecks and multi-year pre-commitment details
ConcludedRan 2 days2 sourcesupdated 24 Oct 2026
AWS capacity sold out through 2026-2028; Amazon spending $220B on infrastructure
The gist
Customer demand for AI computing capacity is outpacing what Amazon can build, with multi-year pre-commitments suggesting the infrastructure buildout has years of runway remaining. Supply-chain companies gain long-range demand visibility from customers reserving capacity years before it becomes operational.
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The full picture
Amazon CEO Andy Jassy said AWS computing capacity for 2026 is fully sold out, 2027 is largely sold out, and a significant portion of 2028 has already been committed to customers. Amazon is spending $220 billion in capital expenditures in 2026 and still cannot keep up with customer demand. Memory, photonics, and power are among the biggest bottlenecks constraining Amazon's ability to expand AI infrastructure quickly.
How it developed
Andy Jassy's AWS capacity sold-out comments and $220B capex figure reported
Sources
Milk Road AI on X
Related
- AI Compute Sold Out Past 2028; Supply Chain Strain Spreads to Adjacent Industries
- Meta's AI infrastructure financing
- Big Tech Q3 2026 Cloud and AI Chip Earnings Confirm Infrastructure Boom
- Goldman Sachs Puts 2026 Global AI Investment at $1.019 Trillion
BackgroundCompute: the chips, clouds and data centers behind AI
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