Amazon and NVIDIA Reaffirm AI Data Center Growth Amid Investor Concerns Over Slowdown

Senior executives from Amazon and NVIDIA pushed back against concerns of an AI infrastructure slowdown, affirming continued growth in data center development despite broader market anxieties. Speaking at the Hamm Institute for American Energy’s conference, Amazon VP of Global Data Centers Kevin Miller said the company is seeing “very strong demand” and emphasized there has been “no significant change” in Amazon’s long-term data center plans.

NVIDIA’s Senior Director of Corporate Sustainability, Josh Parker, echoed the sentiment, noting no pullback in AI-driven demand. Responding to speculation sparked by DeepSeek’s energy-efficient model, Parker called market reactions “kneejerk,” adding that both compute and power needs are surging as AI advances.