PYMNTS.com April 22, 2025
AWS and Microsoft are pausing or slowing down the development of data centers, according to a Wells Fargo research note shared with PYMNTS.
Several industry sources told Wells Fargo’s analysts team that AWS has “paused a portion of its leading discussions” on colocated data centers, particularly those abroad.
“It’s not clear the magnitude of the pause, but the positioning is similar to what we’ve heard recently from Microsoft,” wrote Wells Fargo analyst Eric Luebchow in the Monday (April 21) note.
Last week, Noelle Walsh, president of Microsoft Cloud Operations and Innovation, disclosed in a LinkedIn post that the software giant is “slowing or pausing some early-stage projects” as it refines the buildout of cloud capacity relative to customer demand.
Microsoft...
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