Amazon CEO on why cloud computing business couldn’t meet market expectations, “We could be growing faster, if not for some…”
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand. AWS reported a 19% sales increase but missed market expectations. CEO Andy Jassy remains optimistic, anticipating supply improvements in 2025, and announcing $105 billion in capital expenditures for data center expansion.
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand. AWS reported a 19% sales increase but missed market expectations. CEO Andy Jassy remains optimistic, anticipating supply improvements in 2025, and announcing $105 billion in capital expenditures for data center expansion.
