Ken Griffin Increases Data Center Stake
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data center stocksThe Motley Fool
•Billionaire Ken Griffin Just Increased His Position in This Data Center Stock by 704% (Hint: It's Not Nvidia)
79% Informative
Ken Griffin of Citadel Advisors increased his position in data center stock Equinix by 704% in the second quarter .
The data center company stands to benefit from secular tailwinds fueling AI demand -- particularly the $1 trillion IT infrastructure opportunity.
CEO Adaire Fox-Martin compared the rise of AI to that of cloud computing a decade ago .
For now, I think Equinix stock is worth monitoring but I see opportunities to invest at more reasonable valuations down the road.
Don’t miss this second chance at a potentially lucrative opportunity.
Amazon: If you invested $ 1,000 when we doubled down in 2010 , you’d have $ 22,292 !
- Apple: if you invested in 2008 , you'd have $ 42,169!
- Netflix : if.
you invested in Netflix in 2004 , you would have $ 407,758 ! - Netflix.
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