Amazon Follows Microsoft's Lead, Halts Some Data Center Deals — Executive Says 'Routine Capacity Management'

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Amazon Follows Microsoft's Lead, Halts Some Data Center Deals — Executive Says 'Routine Capacity Management' - Benzinga

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What Happened: Amazon has temporarily halted certain data center lease negotiations for its cloud division, especially in international markets, said Wells Fargo analysts on Monday.“This is routine capacity management, and there haven’t been any recent fundamental changes in our expansion plans,” said Kevin Miller, vice president of Amazon Web Services (AWS) Global Data Centers, in a LinkedIn post, first noted on Reuters.

Amazon.com, Inc.(NASDAQ:AMZN) has paused some of its data center leasing talks, following a similar move by Microsoft Corporation (NASDAQ:MSFT).

Source: LinkedIn