Amazon and Nvidia say AI data center demand is not slowing down

By Franklin AI Newsroom

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Reporting sourcecnbc.com Read the source

Amazon and Nvidia say AI data center demand is not slowing down

The current economic climate, coupled with the emergence of China's DeepSeek, is causing uncertainty in the tech sector. Investors are now re-evaluating the data center expansion plans of U.S. tech companies.

This shift in perspective is driven by:

  • Recession concerns: Fears of an economic downturn are prompting a more cautious approach to large-scale investments.
  • DeepSeek's impact: The rise of China's DeepSeek, a new player in the AI landscape, is adding a layer of complexity to the market.

This situation suggests a possible slowdown or re-prioritization of data center projects by U.S. tech firms.