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Data center capacity in the Asia-Pacific region could double in about six years, BofA says -- Stocks to play it

By CNBC   |   Aug 29, 2024 at 03:01 PM EST
Data center capacity in the Asia-Pacific region could double in about six years, BofA says  --  Stocks to play it

The Asia-Pacific region is experiencing a surge in data center demand, with capacity set to double in the next five to six years. Hyperscalers like Microsoft and Amazon are expanding their infrastructure in the region, driven by the growth of generative AI models.

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