🟢 NEXTDC is trading 4.5% up today as investors rotate back into tech and data-centre names

NEXTDC is trading 4.5% up at $13.36 as investors rotate back into technology and data-centre names following July’s AI-spending driven selloff.

• The move follows last week’s sector-wide rebound in Australian tech shares.
• Sentiment remains positive regarding cloud infrastructure and utilisation growth, rather than any fresh company-specific announcements today.