J P M O R G A N North America Equity Research 17 November 2025 EE/MI: Data Center Infrastructure Takeaways from JPM Data Center Infrastructure Day While the content from our data center infrastructure day is not going to end the debate around the ultimate ROI of AI and how that's funded, it did reinforce that the on the ground infra build out is progressing well beyond expectations from a year ago with some interesting takes on technology as we move from the early planning stages to early execution. We cont ...

J P M O R G A N North America Equity Research 19 November 2025 EE/MI: Data Center Infrastructure SC25 Takeaways: Positive Tone On Cycle Intact, Technology Trends Favor The Majors The tone on demand from SuperCompute25 remains strong and full speed ahead in the face of fresh stock market concerns. The prevailing consensus is that we are early in the buildout cycle, and capital spenders are highly committed to this infrastructure spending, not based on something as simple as a consumer user fee but value acro ...