Digital Realty Trust: AI Factory Opportunities (Rating Upgrade And Q2 Preview)

Since I last covered Digital Realty Trust (NYSE:DLR) in February 2021 in a piece entitled "Expanding To Greener Pastures", it had gained 25% by December as a beneficiary of the digital transformation trend, before plunging as the Fed tightened rates aggressively. Since then, the stock has gone up and trading at around $155. This thesis elaborates on its AI opportunities, namely for hosting accelerated computing to support supersmart applications. Also, contrary to my earlier hold position because of the deb ...