Amazon and NVIDIA Affirm Continued Investment in AI Data Centers

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Apr 25, 2025
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Amid concerns of an economic downturn, some investors question whether tech companies might cut back on their investment plans. However, senior executives from Amazon and NVIDIA have assured that the construction of AI data centers remains on track, undeterred by recession fears.

Kevin Miller, Amazon's Vice President of Global Data Centers, emphasized the ongoing strong demand and expressed optimism about future growth in the coming years and long-term. Similarly, Josh Parker, NVIDIA's Senior Director of Corporate Sustainability, confirmed that there are no signs of slowing down in their efforts.

The development and expansion of AI data infrastructure appear to be a priority for these tech giants, driven by the increasing power demand fueled by advancements in artificial intelligence.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.