Amazon CEO: 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.

from Times of India https://ift.tt/FUZm8nW
https://ift.tt/iAJKegL 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.

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