Amazon withdraws plans to build Virginia data center
MS Morgan Stanley
$179.49 -2.44%
View chart & analysis → - 1Amazon has withdrawn plans to build a data center on the former George Washington University campus in Ashburn, Northern Virginia.
- 2Amazon paid 427,000,000 dollars to purchase the campus site earlier this year, but the land will be rezoned for residential use.
- 3Approximately 39% of Loudoun County's 1,200,000,000 dollars in property tax revenue for fiscal year 2026 comes from data centers.
So what's the key point?
Amazon has canceled its plan to build a data center at the old George Washington University campus in Ashburn, Northern Virginia.
Source Zero Hedge +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.