Equinix operates a global network of colocation datacenters and is one of the largest datacenter REITs, giving it a vantage point on the building-and-site layer of the AI stack: land acquisition, shell construction, and interconnection. Its capacity constraints and expansion announcements are a proxy for how much physical datacenter space is coming online independent of any single hyperscaler’s own campus buildouts; Digital Realty is its main public-market peer.
Company
Equinix
EQIXbuilding-site