Amazon to invest $1.3 bln in Italy data centre business
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Amazon's AWS plans to invest $1.3 billion in Italy over the next five years to expand its data center business.
November 07, 2024 | 11:00 am
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Amazon's AWS is set to invest $1.3 billion in Italy to expand its data center operations over the next five years.
The significant investment in Italy indicates AWS's commitment to expanding its infrastructure, which could lead to increased revenue and market share for Amazon. This expansion is likely to positively impact Amazon's stock price in the short term as it demonstrates growth and investment in key markets.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90