Amazon plans to invest nearly $9B to boost cloud infrastructure in Singapore - report [Seeking Alpha]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Amazon Web Services, or AWS, said the investment adds to the S$11.5B the company has already spent in the Asia Pacific region till 2023, and brings the total planned investment to over S$23B by 2028, according to the report Several U.S. tech companies are now looking at Asian nations other than China as new growth markets with potential places to expand operations amid rising geopolitical tensions. Last week, Microsoft ( MSFT ) Chairman and CEO Satya was on a three-country tour of Southeast Asia. The company plans to spend billions of dollars on new cloud and AI infrastructure in Indonesia Thailand and Malaysia . Nadella's visit to Southeast Asia came on the heels of Apple's ( AAPL ) CEO Tim Cook's visit to the region Malaysia, Vietnam and Singapore also hosted Nvidia's ( NVDA ) CEO Jensen Huang in December 2023. "AWS is doubling down on its cloud infrastructure investments in Singapore from 2024 to 2028 to support customer demand, and help reinforce Singapore's status as an
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AMZN
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- 4/30/24 - Beat
AMZN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website