The number of tech giants paring back on their AI data center plans rises to two.

The news comes shortly after several reports have indicated Microsoft has paused or cancelled some of its plans.

It goes on to emphasize that Amazon still feels like going through with deals already signed.

Amazon is pulling back on some data center leases, following similar moves by Microsoft.

Amazon is pulling back on some data center leases, following similar moves by Microsoft.Bloomberg/Getty

It does not help that President Trumps ongoing trade war is causing stocks to tumble.

It may realize it needs more capacity in one place than another, for instance.

If Amazon cuts back investment on new data centers, that could further hurt Nvidias sales of chips.

President Donald Trump and billionaire oligarch Elon Musk at UFC 314 at the Kaseya Center on Saturday, April 12, 2025, in downtown Miami.

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Elon Musk, CEO of Tesla, during a cabinet meeting at the White House in Washington, DC, US, on Thursday, April 10, 2025.

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