Wall Street often debates when the heavy capital spending cycle for artificial intelligence might peak. A common market narrative suggests cloud providers are approaching a digestion phase, where capital outlays stall so platforms can absorb existing capacity.
Amazon.com, Inc. (NASDAQ: AMZN) just upended that assumption. Amazon expanded its capital commitment in northwest Louisiana by 50%, elevating its planned investment from $12 billion to approximately $18 billion to build a third data center campus.
