15 AI Stocks on Wall Street’s Radar

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11. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55  

Equinix, Inc. (NASDAQ:EQIX) is a California-based real estate trust that operates data centers and other technology assets. Fiona Mark, an analyst at IT company Forrester, recently spoke to tech news platform Network World and addressed the recent reports that Equinix would be laying off employees even as it intends to invest up to $15 billion in new infrastructure to support AI. Per the analyst, there were mixed signals being received overall from the tech labor market, and the domain was becoming more difficult for those without AI skills. Mark noted that this was one of the reasons for the higher layoff potential in the tech labor world.

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