Why Companies Are Ditching the Cloud: The Rise of Cloud Repatriation

Meanwhile, from Q3 Amazon earnings:

* AWS segment sales increased 19% year-over-year to $27.5 billion.

That means AWS brought in $4.3 BILLION more dollars in Q3 2024 vs 2023.

That's a huge amount of incremental revenue growth. If the net movement of workloads were out of the cloud, then it would have to show up in the results of Intel / TSMC / Equinix et. al.

I just took a look, and Equinix quarterly revenue is $2.1B.

Oh, correlation.

Here people like arguing their opinions as if they're facts instead of using evidence (public proof) to support their argument.