35 Trending AI Stocks on Latest Analyst Ratings and News

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25. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 56  

Equinix, Inc. (NASDAQ:EQIX) is a California-based real estate trust that operates data centers and other technology assets. The company recently announced a joint venture with GIC, a sovereign wealth fund from Singapore, and the Canada Pension Plan Investment Board to raise over $15 billion in capital. This investment aims to expand the company’s footprint of hyperscale data centers in the US. Hyperscale data centers, known for their enormous size and capacity, are primarily developed by major technology companies in the US. These facilities provide immense networking power and often require electricity consumption on par with that of a large city or even a small country. This venture underscores the significant role such data centers will play in the future of AI, cloud computing, and digital infrastructure.

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