Top 10 AI News Updates Trending on Wall Street

3. Digital Realty Trust, Inc. (NYSE:DLR)

Number of Hedge Fund Holders: 52

Digital Realty Trust, Inc. (NYSE:DLR) is a real estate company that delivers a full spectrum of data centre, colocation, and interconnection solutions. Its PlatformDIGITAL data centre platform offers customers a secure data meeting place. On February 10th, analysts at JMP Securities reiterated a buy rating on the stock with a $220 price target buoyed by its strong performance with the stock approaching all-time highs.

Digital Realty Trust, Inc. (NYSE:DLR) is one company that has emerged as a beneficiary amid growing demand for high-performance infrastructure to set up multibillion-dollar data centres. As an AI data centre-focused real estate investment trust, the company remains well-positioned to benefit from the AI boom. High demand for hosting data centres combined with continuous restrictions in space and power gives the perfect conditions for pricing and maximizing profitability on recently constructed properties.