Is Equinix (EQIX) Cheap On Its EPIC Rollout Or Is The AI Story Priced In?

Equinix (EQIX) has just rolled out Equinix Enhanced Performance Innovation Centers, or EPIC, a set of production-ready liquid cooling environments aimed at real world, high density AI infrastructure testing across key global data centers. Equinix shares trade at US$995.0 after a roughly 30.2% year to date share price return, while the stock has given investors a 22.6% total shareholder return over the past year and about 55.4% over three years. This points to momentum that has cooled slightly...