Amazon.com (AMZN) Data Center Push Continues with $12B Investment in Louisiana

Amazon.com Inc. (NASDAQ:AMZN) is one of 15 stocks with the biggest hedge fund momentum, after gaining 46 hedge fund holders during the fourth quarter of 2025. On February 23, Amazon.com Inc. (NASDAQ:AMZN) announced plans to invest $12B in northwest Louisiana to build data center campuses that will support cloud computing technologies. The online retailer said the data center buildout in northwest Louisiana will create 540 full-time jobs, as well as additional jobs to support the facilities, such as electricians and heating, ventilation, and air-conditioning technicians. As part of Amazon’s fourth-quarter earnings report earlier this month, the company said it expected $200 billion in capital expenditures this year, a sharp increase from 2025’s $131 billion, sending shares lower.

Meanwhile, on February 23, Wells Fargo lowered its price target on Amazon.com Inc. (NASDAQ:AMZN) to $304 from $305, while keeping an Overweight rating on the shares. Compute capacity is a key success factor as AI-driven demand is expected to materially exceed supply in the near to medium term, according to the analyst firm, which also anticipates 2x growth on hyperscaler capacity to 98 GW on annual capital expense reaching $860 billion by 2027, assuming that the cloud industry grows meaningfully faster than the consensus view.

Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.

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