Amazon.com Inc. issued $25 billion in bonds to finance its expanding artificial intelligence infrastructure. The capital supports the growth of Amazon Web Services and the development of custom silicon. This move reflects a broader trend of tech companies increasing debt to fund AI capabilities.
Amazon shares dropped more than 1% in pre-market trading. This market reaction occurred on July 8, 2026. Reports indicated the bond sale attracted weaker demand than a previous record offering.
Investors expressed caution regarding the high costs of the tech sector's AI race. The offering triggered selling pressure on other major tech bonds as investors liquidated holdings to participate. A TD Cowen analyst lowered the price target on Amazon ahead of its earnings report.