tiprankstipranks
Trending News
More News >

Amazon, Nvidia say AI data center demand not slowing down, CNBC reports

Amazon (AMZN) and Nvidia (NVDA) executives said Thursday that the construction of artificial intelligence data centers is not slowing down, as recession fears have some investors questioning whether tech companies will pull back on some their plans, CNBC’s Spencer Kimball reports. “There’s been really no significant change,” Kevin Miller, Amazon’s vice president of global data centers, said at conference organized by the Hamm Institute for American Energy. “We continue to see very strong demand, and we’re looking both in the next couple years as well as long term and seeing the numbers only going up.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue