Can NextDC Capitalise on South East Asia’s Data Centre Boom?
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Can NextDC capitalise on South East Asia’s data centre boom?
The NextDC Ltd (ASX: NXT) share price surged 8% earlier this week on the news that it secured a contract win for its Kuala Lumpur data centre. NextDC's data centre in the Malaysian capital, KL1, won't go live until early 2026. But the company's announcement that it had already secured customers for 15% of the data centre's capacity was welcomed by investors. NextDC is betting big on South East Asia, particularly Malaysia, where KL1 is planned to…
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