According to Business Insider (reported October 20), some Nvidia GB300 server racks Amazon has received are sitting in warehouses because the data centers meant to run them lack power. Citing August internal emails, the report said Amazon expected about $5 billion of racks under an Early Rack Receipt process, plus roughly $3 billion more each month; Amazon disputes that it lacks a deployment plan. The article argues the constraint is power rather than demand, but racks in storage earn nothing, and free cash flow was negative $7.69 billion in the second quarter. Amazon's third-quarter call is at 5:00 p.m. ET on October 29, when investors will look for operating income against a ceiling of $26.5 billion. The main risk the article cites is power: if racks sit idle into 2027, capex will keep running ahead of revenue for longer.
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AMZNdata centerselectricityartificial intelligenceearnings
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/23/2026 | 248.04 |
| Change that session | -0.93% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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