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.
source https://timesofindia.indiatimes.com/technology/tech-news/amazon-ceo-on-why-cloud-computing-business-couldnt-meet-market-expectations-we-could-be-growing-faster-if-not-for-some/articleshow/118092376.cms
Amazon CEO: We could be growing faster, if not for some…
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February 09, 2025
Get To Know
February 09, 2025
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