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Amazon's CAPEX to Exceed $50 Billion in 2023, Partly to Support AI

TheMotleyFool

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Amazon's CAPEX to Exceed $50 Billion in 2023, Partly to Support AI: https://g.foolcdn.com/editorial/images/746304/amazon-spending-50-billion.png

Fool.com contributor Parkev Tatevosian discusses Amazon's (NASDAQ: AMZN) spending plans for the rest of 2023 and what they could mean for investors.

*Stock prices used were the afternoon prices of Aug. 30, 2023. The video was published on Sept. 1, 2023.

Source Fool.com

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