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Billionaire Ken Griffin Just Increased His Position in This Data Center Stock by 704% (Hint: It's Not Nvidia)
EQIXEquinix(EQIX) The Motley Fool·2024-11-04 23:30

Ken Griffin's Citadel has been adding to its position in data center and digital infrastructure stock Equinix. Semiconductor stocks have been some of the biggest beneficiaries in the ongoing artificial intelligence (AI) revolution. Chipsets known as graphics processing units (GPUs) are important for developing generative AI, and companies including Nvidia, Advanced Micro Devices, and Taiwan Semiconductor have emerged as early winners in the GPU realm so far. IT infrastructure is an area tangential to the GP ...