Amazon.com Inc. (NASDAQ: AMZN) announced it expects to invest approximately $200 billion in capital expenditures in 2026, according to a company statement. This figure exceeds analyst estimates of $146.11 billion.

The company cited strong demand for existing offerings and opportunities in artificial intelligence, chips, robotics, and low earth orbit satellites as drivers for the increased spending. Amazon stated it anticipates strong long-term return on invested capital from these investments.

The capital expenditure plan represents a significant increase from previous estimates and reflects Amazon's expansion across multiple technology sectors. The spending will be distributed across Amazon's various business units and initiatives.