Digital Realty expands hyperscale AI footprint with 310 data centers and 8.5 GW buildable capacity

EarningsCorporate Action
·US
Summary · why it matters

Digital Realty Trust now operates 310 data centers worldwide with about 3.10 gigawatts of installed IT capacity and 8.50 gigawatts of buildable capacity under development, reinforcing its role as a key infrastructure provider for cloud and AI workloads. The company recently acquired roughly 1,440 acres at Astra Enterprise Park near Kansas City to support its hyperscale and AI-focused build-out. Core funds from operations per share have been increasing while occupancy remains high, and the company projects $8.6 billion in revenue and $1.0 billion in earnings by 2029. Simply Wall St community estimates place Digital Realty's fair value between US$218.72 and US$303.03, implying a potential 15% upside from its current price.

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