Abdel Raouf sold $14K of EQIX

Anthropic CEO Dario Amodei's call to slow AI development has led to market repricing, affecting AI infrastructure stocks. Companies like CoreWeave, Lumentum, and NVIDIA are exposed to potential slowdowns, with some stocks down significantly. Bernstein notes that frontier labs account for over half of cloud commitments, and a slowdown could impact data centers and chipmakers. Tier 1 data center operators like Equinix and Digital Realty may benefit. Q3 earnings from major tech companies will be cr

Equinix (EQIX), a data center company, has positioned itself in the AI infrastructure boom. It partnered with Nvidia, launched AI services, and reported Q2 revenue growth of 16% to $2.625B. Shares are up 33% this year, with a market cap of $100B. The company plans to increase capital expenditure to $5B-$7B annually, but faces competition and valuation concerns.

Equinix (EQIX) reported Q2 revenue of $2.63B, up 16% YoY, beating estimates. AFFO was $11.78/share, up 19% YoY. The company raised full-year guidance and unveiled a multi-year growth plan. EQIX stock has surged 34% over the past year and offers a 1.98% dividend yield. Analysts rate it a 'Strong Buy' with an average price target of $1,232.19.

Digital Realty Trust (DLR) reported $707M in annualized GAAP base rent bookings for Q1 2026, with a record $1.9B backlog. Equinix (EQIX) saw 16.4% revenue growth and raised AFFO guidance. Iron Mountain (IRM) grew revenue by 39% YoY, driven by data center leasing. All three REITs are benefiting from AI-driven data center demand.

Equinix (EQIX) and CPP Investments completed a $4 billion acquisition of atNorth, a Nordic data center operator, with Equinix holding a 34% stake. The deal expands Equinix's exposure to AI and high-performance computing infrastructure and is immediately accretive to its AFFO per share. CPP Investments is the controlling shareholder with a 51% stake.

Equinix, a data center REIT, has gained a role in the AI data center market, partnering with Nvidia to offer AI model hosting. Its stock is up 33% this year, with a market cap of $100B. Equinix focuses on urban locations for inference, a growing segment of AI compute. Revenue rose 16% YoY to $2.63B, but some investors remain skeptical.