Amazon Receives Billions in Nvidia AI Systems Stalled by Power Shortages

Amazon Web Services has taken delivery of approximately $5 billion in Nvidia GB300 server racks, with projections of another $3 billion monthly, but data center power bottlenecks are leaving the hardware idle in warehouses. The procurement push is part of an estimated $220 billion capital expenditure plan for 2026. This aggressive AI infrastructure expansion drove Amazon's trailing 12-month free cash flow to negative $7.60 billion in Q2 2026, down from positive $52.97 billion in Q2 2024, despite AWS revenue growth accelerating to 37% and contracted backlog reaching $496 billion.