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

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Hyperscalers like Amazon and Google are rapidly expanding their cloud infrastructure hubs across the Asia Pacific, which is seeing strong AI data center demand.

The Asia-Pacific region is set to see strong data center demand over the next few years, which is a boon for artificial data center operators and hyperscalers' expansion in that part of the world, Bank of America found.

as a proportion of hyperscale capacity stands at 26%.... We think region — which encompasses countries from East Asia to Southern Asia and Oceania — saw just about 1 gigawatt of new capacity additions per year between 2018 and 2023, reflecting a ramp up in hyperscaler demand amid the ongoing adoption and buildout of generate AI models, Singh said. Hyperscalers are continuing to expand their cloud infrastructure hubs across the Asia Pacific. Amazon on Wednesday announced that it plans to invest more than $6.

will benefit from the localization of latency-sensitive inference workloads — tasks that require results from machine learning or AI to be done in a quick frame — in the next 18 to 24 months. Bank of America mentioned two key stocks that are tapping into this growing data center demand in

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