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 ...