Market Chatter: Amazon, Nvidia Say AI Data Center Demand Isn't Easing

MT Newswires Live
04/25

Amazon.com (AMZN) and Nvidia (NVDA) executives said that construction of artificial intelligence data centers isn't slowing, CNBC reported Thursday, citing conference presentations.

"There's been really no significant change," Kevin Miller, Amazon's vice president of global data centers, said at a conference in Oklahoma City organized by the Hamm Institute for American Energy, according to CNBC. "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."

"We haven't seen a pullback," said Josh Parker, Nvidia's senior director of corporate sustainability, according to CNBC.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 185.01, Change: +4.41, Percent Change: +2.44

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