Ohio lawmakers are reevaluating a 10-year-old sales tax exemption for data center equipment.
This policy currently provides Amazon with an annual benefit exceeding $1 billion. Total statewide tax exemptions for AI-related infrastructure have now surpassed $1.5 billion.
The potential reversal threatens the financial strategy of Amazon Web Services (AWS), the company's primary profit driver.
Amazon maintains a strong financial health score despite significant insider selling over the past year.