American Tower Boosts Data Power: New 400G AWS Connections To Fuel AI And Big Data At Key US Data Centers
Portfolio Pulse from Lekha Gupta
American Tower's subsidiary CoreSite has launched AWS Direct Connect's 400G connections at key US data centers, enhancing AI and big data capabilities. Despite this, AMT shares are trading lower. Investors can access AMT through ETFs like SRVR and DTCR.
October 03, 2024 | 4:54 pm
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NEUTRAL IMPACT
American Tower's CoreSite has launched AWS 400G connections at key US data centers, enhancing AI and big data capabilities. Despite this positive development, AMT shares are trading lower.
The launch of AWS 400G connections is a significant development for American Tower, enhancing its data center capabilities. However, the immediate market reaction is negative, with shares trading lower. This could be due to broader market conditions or investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors can gain exposure to American Tower's developments through the Global X Data Center & Digital Infrastructure ETF (DTCR).
DTCR ETF provides exposure to American Tower's data center advancements, but the immediate impact on the ETF's price is likely neutral as it holds a diversified portfolio.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
Investors can gain exposure to American Tower's developments through the Pacer Data & Infrastructure Real Estate ETF (SRVR).
SRVR ETF provides exposure to American Tower's data center advancements, but the immediate impact on the ETF's price is likely neutral as it holds a diversified portfolio.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
POSITIVE IMPACT
Amazon Web Services (AWS) has launched 400G connections at American Tower's CoreSite data centers, enhancing AI and big data capabilities.
AWS's launch of 400G connections at CoreSite data centers is a positive development, enhancing its service offerings and potentially increasing demand for AWS services.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50