Equinix, the world’s largest data center REIT, has nearly doubled its capital expenditure forecasts for 2026-2029. The company now plans annual spending of $5B-$7B, up from $3B-$4B, driven by surging demand for AI inference workloads. Between 600-770 MW are actively under development out of 3 GW of controlled powered land, with a target of 1 GW total capacity by early 2027. Approximately 80% of the planned investment will flow into the top 25 global metropolitan areas. About 30% of remaining 2026 retail capacity has already been pre-sold, and the company’s churn rate stands at 1.8%.
Source: Read the original article
