Digital Realty Continues to Capture Artificial Intelligence Demand as Investment Ramps

Digital Realty is the second-largest third-party data center operator globally by revenue, with a focus on scale and a customer mix serving the largest enterprise tenants and hyperscalers. This large tenant customer mix provides two primary benefits. First, Digital Realty often loses tenants only to mergers or bankruptcies, resulting in an industry-low churn rate. Second, larger enterprises are more likely to rent meaningful additional capacity from Digital Realty than smaller tenants, building in a runway for growth.