Amazon Increases AI Server Rack Orders, Boosting Supply Chain Momentum

Amazon's AWS has ramped up AI server rack procurement, driving strong shipment momentum for key partners including TSMC, Alchip, Wiwynn, and Foxconn. Amazon raised its 2024 capital expenditure forecast from $200 billion to $220 billion to support AI infrastructure, including data centers and networking equipment. CEO Andy Jassy expects the supply-demand imbalance for AI computing power to persist through 2027, with strong demand visible into 2028. AWS's AI business and custom chip scale have reached $25 billion, maintaining triple-digit growth. Alchip expec