Amazon has halted some data center leasing talks, Wells Fargo analysts say
- Amazon paused some data center lease talks, particularly in overseas markets, analysts say.
- Economic concerns and potential tariff increases may affect tech spending plans now.
- Amazon and Microsoft are reevaluating projects, but they aren't canceling signed deals.
- CEO Andy Jassy stated earlier this month that Amazon will not cut data center construction.
- Despite some pauses, Amazon is investing heavily in AI, with a $26 billion Q4 expenditure.
21 Articles
21 Articles
An Amazon exec has hit back at claims it's pausing some data center lease talks
An AWS VP has responded to a report suggesting the company is pausing data center leases.Noah Berger/Getty Images for Amazon Web ServicesAn Amazon VP says the company is still seeing strong demand for data centers.A Wells Fargo report suggested AWS was pausing some data center leasing discussions.Another February analyst note said Microsoft was stepping back from some data center lease negotiations.An Amazon executive has fired back at an analys…
Amazon Follows Microsoft's Lead, Halts Some Data Center Deals — Executive Says 'Routine Capacity Management' - Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
Amazon.com, Inc. (NASDAQ:AMZN) has paused some of its data center leasing talks, following a similar move by Microsoft Corporation (NASDAQ:MSFT). What Happened: Amazon has temporarily halted certain data center lease negotiations for its cloud division, especially in international markets, said Wells Fargo analysts on Monday. “This is routine capacity management, and there haven’t been any recent fundamental changes in our expansion plans,” said…
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage