Amazon Ranks Fifth in Trading Volume with $84.12 Billion as it Invests $20 Billion in Pennsylvania Data Centers

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 11, 2025 8:05 pm ET1min read
AMZN--

On June 11, 2025, AmazonAMZN-- (AMZN) closed with a trading volume of $84.12 billion, ranking fifth in the day's stock market activity. The stock price decreased by 2.03%.

Amazon has announced a significant investment plan, aiming to inject at least $20 billion into Pennsylvania for the expansion of its data center infrastructure. This move is part of the company's strategy to support AI and cloud computing advancements. The investment will focus on building two new data centers, which are crucial for expanding the company's capabilities in these areas. Governor Josh Shapiro was present at the announcement, highlighting the importance of this investment for both the state and the tech industry.

Additionally, Amazon has entered into a deal to purchase enough power from a Pennsylvania nuclear plant to sustain a midsize city for years. This agreement is seen as a solution to a touchy political problem, ensuring a stable power supply for the company's expanding operations in the region. The investment in data centers and the nuclear power deal underscore Amazon's commitment to enhancing its infrastructure and sustainability efforts.

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