Amazon CEO Jassy Says AWS Compute Capacity Essentially Sold Out Through End of 2027; Backlog Orders at Five Major Cloud Providers Near $2.5 Trillion
English text is being prepared.
Amazon CEO Jassy said AWS cloud computing capacity is essentially sold out through the end of 2027, with a large number of orders scheduled into 2028, and that supply remains constrained even though Amazon plans to invest about $220 billion in capital expenditure in 2026. Amazon's Q2 2026 compute cloud backlog orders stood at $496 billion, up 154% year over year; backlog orders at Microsoft, Oracle, Google Cloud, and CoreWeave were $678 billion, $664 billion, $514 billion, and $104 billion, respectively, bringing the five major cloud providers' total to nearly $2.5 trillion. Affected by this news, cloud computing concept stocks were active on October 26, with Shengtian Network rising nearly 15% and Massive Data hitting the daily limit.
Why read this
AI score 54
Combined backlog orders at the five major cloud providers total nearly $2.5 trillion, which readers can use to observe the mismatch between compute supply and demand and the pace of capital expenditure.
Topics
Body
文章主体
周一(10月26日)云计算概念股活跃，盛天网络涨近15%，海量数据涨停，顺网科技、宇信科技、品高股份等跟涨。
消息面上，据央视财经，亚马逊CEO贾西表示，AWS云计算容量2027年底前已基本售罄，大量订单排至2028年。
尽管亚马逊计划在2026年投入约2200亿美元用于资本支出，但供应仍然受限。贾西表示，AWS正在努力快速扩展基础设施，以满足人工智能实验室和企业源源不断的需求。
根据亚马逊财报，2026年Q2公司算力云积压订单(Backlog)为4960 亿美元，同比大增154%；而不仅是亚马逊，其他云算力大厂的积压订单不仅金额巨大，同比均录得高增长。
比如微软云积压订单为6780 亿美元，同比大增84%；甲骨文、谷歌云、CoreWeave积压订单分别为6640 亿美元、5140 亿美元、1040亿美元，同比分别增长84%、46%与246%。
以上五大云巨头积压订单总量已经接近2.5万亿美元。
有观点认为，海外云厂商资本开支持续高企叠加国产算力加速承接，产业链景气度有望持续上行。
华西证券认为，国内算力需求维持高景气，国产算力“量价齐升、国产化承接”的中长期逻辑扎实，看好算力租赁与AIDC市场机遇。
需求端的增长曲线同样陡峭。
山西证券在算力租赁专题报告中指出，算力租赁供需持续严重错配，据TrendForce预测，全球前九大云厂商2026年的资本开支总额将达到8300亿美元左右，同比增长79%；IDC预计2026-2031年国内企业智能体年度Token消耗量有望实现年均超30倍的指数级跃升。
（文章来源：东方财富研究中心） 正文中部 内嵌广告