AI DemandStrong and consistent AI demand is evident, with 50% of its top 25 deals being AI-related, suggesting significant growth potential.
Cost EfficiencyEquinix is experiencing significant cost efficiencies, leading to impressive beats in EBITDA and AFFO, which are expected to continue growing.
Financial PerformanceEQIX beat Q1 AFFO estimates and raised guidance on strong AI bookings and FX tailwinds.