Market Chatter: Amazon Data Center Project to Cost $6 Billion More Than Expected

MT Newswires Live
01-31

Amazon.com (AMZN) will spend $6 billion more than it had expected on a data center project in Mississippi, Bloomberg reported, citing state planning documents.

According to the documents, it will cost Amazon $16 billion to build two data center campuses, compared with the $10 billion it said it expected to invest a year ago, Bloomberg said.

Amazon did not immediately respond to a request for comment from MT Newswires.

(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.)

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