Amazon is investing $20 billion in Pennsylvania to expand its cloud and AI infrastructure, building new data centers in Salem and Falls Townships. This marks the largest private investment in the state and will create at least 1,250 high-skilled jobs in engineering, network operations, and security.
The move underscores Amazon’s commitment to AI, providing the computing power necessary for next-generation AI applications.
Workforce programs will train local talent in cloud computing and technical trades to support long-term growth. The company is also funding renewable energy projects and a $250,000 community fund focused on STEM education and digital skills.
Let The Charts Speak
$AMZN is still down approximately 10% from its February all-time high. If the stock remains above $200, I suspect an all-time high is coming soon…
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Godspeed - Rosebee