AI Demand Straining Cloud Giants: Opportunity for On-Premises Data Centers?

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Apr 19, 2023 at 7:44AM

NASDAQ: AMZN

Amazon

Market Cap

$1,937B

Today's Change

(2.77%) $4.97

Current Price

$184.52

Price as of September 11, 2024, 4:00 p.m. ET

Is AI showing the weakness of the cloud market?

Explore the impact of AI demand on cloud giants like Amazon (AMZN 2.77%), Microsoft (MSFT 2.13%), and Alphabet (GOOGL 1.68%) (GOOG 1.43%) as hardware shortages may be straining capacity. Will this boost demand for on-premises data centers? Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of April 13, 2023. The video was published on April 17, 2023.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Billy Duberstein has positions in Alphabet, Amazon.com, and Microsoft. Jose Najarro has positions in Alphabet and Microsoft. Nicholas Rossolillo has positions in Alphabet and Amazon.com. The Motley Fool has positions in and recommends Alphabet, Amazon.com, and Microsoft. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.