Needham Raises Amazon.com, Inc. (AMZN) Price Target to $250, Cites Strong Customer-Centric Innovation

By Yahoo! Finance | Nov 16, 2024 at 02:06 AM EST

The article discusses the rise in electricity consumption by AI data centers due to AI and GenAI technology, with forecasts showing a 160% growth in the next two years. Gartner predicts operational constraints due to power availability by 2027.

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