Short vendor Hindenburg Research focused data centre proprietor Equinix on Wednesday, alleging that the corporate manipulates its accounting and is promoting an “AI pipe dream”.
Hindenburg’s disclosure of a brief place and its allegations increase questions in regards to the future for Equinix, which has been benefiting from the expectation that AI firms will want much more data centres to energy the tech Equinix shares had been pummelled on Wednesday and the corporate pulled a deliberate bond providing after the report hit. Shares of Equinix fell probably the most since August, dropping 5%. A consultant for Equinix mentioned the agency is investigating the claims.
Hindenburg’s disclosure of a brief place and its allegations increase questions in regards to the future for Equinix, which has been benefiting from the expectation that AI firms will want much more data centres to energy the tech Equinix shares had been pummelled on Wednesday and the corporate pulled a deliberate bond providing after the report hit. Shares of Equinix fell probably the most since August, dropping 5%. A consultant for Equinix mentioned the agency is investigating the claims.
