Amazon Web Services Projected $5 Billion in Nvidia GB300 Rack Deliveries

Amazon Web Services (AWS) projected about $5 billion in Nvidia GB300 server rack deliveries for August 2026, underscoring the scale of its AI expansion as Amazon’s infrastructure spending squeezed free cash flow.

The August plan called for roughly $3 billion in additional rack deliveries each month afterward. Some AWS sites had space for the equipment but lacked enough power to run it, leaving finished racks in warehouses before deployment. Amazon said staging hardware near deployment sites is routine and disputed the broader suggestion that it had no path to install the racks.

Amazon's free cash flow for the 12 months through June 30, 2026, was negative $7.6 billion, versus positive $18.2 billion in the preceding year. Amazon attributed much of the decline to net property and equipment purchases that rose $66.1 billion from a year earlier, largely because of AI investment.

AWS generated $42.2 billion in second-quarter sales and $16.6 billion in operating income. AWS plans to add 2 million Nvidia GPUs to its worldwide infrastructure during 2027 and 2028.