economy

These ‘underappreciated winners of AI’ also pay solid income

These real estate investment trusts offer exposure to artificial intelligence. Wall Street sees upside ahead.

These ‘underappreciated winners of AI’ also pay solid income

TL;DR

  • Data center REITs are companies that own and manage facilities housing IT infrastructure, benefiting from AI demand.
  • Analysts consider data center REITs 'underappreciated winners' of the AI economy, acting as 'toll booths' for AI interactions.
  • The sector has seen strong performance, with data center REITs up nearly 40% year to date as of April 30.
  • Key players mentioned include Equinix, Digital Realty Trust, and Iron Mountain, with Blackstone Digital Infrastructure Trust recently joining the public market.
  • Data center REITs provide stable income through rent from existing, nearly fully occupied facilities, with the added potential for AI-driven development.

Continuer la lecture de l'article original