๐ก American Tower $AMT surges +6% โ raises 2026 guidance again as AI data center demand hits record
American Tower (AMT) is ripping +6% at midday after Q2 revenue came in at $2.75B (up 4.7% YoY) and the REIT raised its full-year 2026 guidance for the second time this year. The big catalyst: record leasing activity at its CoreSite data center unit, with data center revenue growing 13.4% year-over-year fueled by surging AI infrastructure demand. AFFO guidance was lifted to $11.00โ$11.17/share for 2026. Not financial advice. Is AMT the surprise AI infrastructure play hiding in the REIT sector?
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