AWS CEO Says Capacity Is Mostly Spoken For Through 2028

Earnings Impact 4
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Summary · why it matters

Amazon Web Services CEO Matt Garman declared that much of AWS capacity is already spoken for through 2027 and into 2028, with demand still significantly outstripping supply. Amazon reported AWS revenue of $42.232 billion in the second quarter of 2026, up 37% year-over-year and the fastest growth in 18 quarters, while its AI and Chips businesses each surpassed $25 billion run rates at triple-digit growth. Capital expenditures reached $54.208 billion in the quarter, a 68.44% year-over-year jump, and UBS projects AWS growth will accelerate to 48% next year. Supplier Marvell Technology raised its revenue outlook for fiscal 2027 and 2028 on exceptional AI-related bookings, Astera Labs reported first-quarter revenue up 93.4% year-over-year, and Credo Technology posted full-year revenue growth of 205.7%.

Impact on stocks 6

Artificial Intelligence▲ · 5 stocks
Amazon.com Inc
AMZN
▲ PositiveDemandrelevance

AWS CEO says capacity is mostly spoken for through 2028, with demand outstripping supply.

Astera Labs, Inc.
ALAB
▲ PositiveDemandrelevance

Astera Labs reported Q1 revenue up 93.4% YoY, driven by AI-related demand.

Financials▲ · 1 stocks

Theme Impact 10

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