Capacity Sold Out Through 2028

The statement, "sold out through 2028," appeared in Amazon's 2025 shareholder letter, which has drawn attention as a signal of how tight AI-related computing capacity has become. The phrasing indicates that Amazon's available capacity — widely understood in context to refer to its data center and cloud infrastructure — is fully booked through the year 2028.

The claim has been shared in Korean-language coverage of the AI infrastructure buildout, where such capacity constraints are closely watched for their implications for semiconductor demand, including memory products from suppliers such as Samsung Electronics and SK hynix.

What the Statement Does and Does Not Cover

The shareholder letter is the primary basis for the claim. Details such as which specific capacity segments are included — for example, whether the statement covers all cloud services or primarily AI-oriented compute — are not spelled out in the widely circulated wording, and the exact commercial scope remains subject to interpretation.

Assessment

The claim that Amazon said it is "sold out through 2028" matches the statement attributed to the company's 2025 shareholder letter. With the primary source available and the wording consistent with the circulated claim, the statement is assessed as Mostly True.