Reported 21 days ago
Billionaire investor Ken Griffin has significantly increased his stake in data center company Equinix, raising his position by 704% to approximately 564,000 shares. This move reflects growing demand for data center services driven by artificial intelligence (AI) advancements, particularly in large language models. As AI technology continues to evolve, Equinix is well-positioned to benefit from the expanding need for digital infrastructure, although its current valuation appears high compared to the broader market.
Source: YAHOO