# Amazon (AMZN) released its 2025 annual shareholder letter on April 9.

*business · news · 2026-04-13 · Barchart*

## Key points

- Amazon's 2026 capex guidance is $200 billion, over $50 billion higher than Wall Street expected.
- For the first time, Amazon disclosed AWS AI revenues at a $15 billion annualized run rate in Q1 2026.
- Amazon's custom AI chip business now exceeds $20 billion in annual revenue, growing at triple-digit percentages.
- Amazon's grocery segment reached $150 billion in gross sales last year, making it the second-largest US grocer.
- Amazon Leo, a Starlink competitor, is scheduled for a mid-2026 launch.

**Companies:** Amazon
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1280271/jassy-is-selling-the-amazon-ai-story-should-you-buy-amzn-stock-here)

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