Equinix Boosts AI Data-Center Push With Higher Capex Guidance
Equinix shares are up more than 33% this year, lifting its market value to $100 billion as the company expands its AI-focused data center platform. It operates over 280 facilities and links more than 10,500 customers. Capex guidance nearly doubles to $5 billion–$7 billion annually to capture AI demand, while management maintains an investment-grade credit rating. A Nvidia and Together AI partnership is expected to launch commercially in Q1 2027.