Amazon's stock gains as aggressive AI spending gets a pass

Amazon's stock gains as aggressive AI spending gets a pass

Amazon’s team has been forced to be “scrappy” to avoid being capacity-constrained by skyrocketing memory-chip prices, an executive told investors on a Wednesday call.
“We’re just in a stage where there’s just not enough capacity for the amount of demand,” said CEO Andy Jassy, who added that Amazon

https://www.marketwatch.com/livecoverage/amazon-earnings-stock-results-aws-guidance-ai/card/amazon-has-been-scrappy-to-deal-with-high-memory-prices-UFyZxof2ClvpJv67BCkt