NEXTDC is trading at A$13.75 (+5.20%) as investors continue to digest the company's A$2.2 billion capital plan and record customer contracts for its AI-class data centre expansion.
- The stock is seeing strong continuation buying as the market backs the recent funding package designed to accelerate regional infrastructure growth.
- Broader technology sentiment remains supportive, with the sector advancing on the back of cooling inflation and expectations for easier interest rate policy.
- With no fresh company announcements today, the move appears to be a technical breakout following a period of building strength.