TradingKey – Shares of Equinix (NASDAQ: EQIX) finished close to $1,037, down some 8% from its near $1,134 peak, even as investors took some profits after the AI-led surge. Even after that recent consolidation, Equinix remains one of the biggest players set to benefit from AI infrastructure spending, buoyed on the back of a solid Q1, higher full-year guidance, and the launch of the Cisco-NVIDIA Secure AI Factory platform in its global data center footprint. It’s set to report Q2 on July 29, with investors eyeing bookings growth, margins, and AI customer demand. A closing break below $1,019.90 could extend this correction to $994, and the average analyst price target currently sits near $1,213.