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#Switch IPO

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Jul 15, 2026 7 min read

Switch's $80 Billion IPO and the Data Center Gold Rush Financing the AI Era

Switch, the data center operator, is targeting a valuation of approximately $80 billion in what would be one of the largest infrastructure IPOs in history. It's the flagship deal in a wave of AI infrastructure financings that is reshaping how Wall Street thinks about the physical layer of the AI economy.

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Abhinav Ramaswamy