ASX:NXTIT
Does NEXTDC's Accelerated Expansion and Customer Wins Reinforce the Growth Story for ASX:NXT?
In recent days, NEXTDC announced a significant increase in contracted utilisation, rising 29% since June 2025 due to major customer wins, and raised its FY26 capital expenditure guidance by A$400 million to accelerate data centre expansion.
This acceleration reflects strong demand growth for data centre services, particularly from AI and cloud-driven workloads, supporting ongoing digital transformation initiatives within Australia’s technology sector.
We’ll explore how NEXTDC’s higher...