Data center firm Switch taps banks for IPO that could value it up to $80 billion

Short summary

Data center operator Switch is preparing an IPO that could value the company at up to $80 billion including debt, potentially raising up to $10 billion. Goldman Sachs and JPMorgan Chase are leading the underwriting. The move underscores strong investor appetite for AI infrastructure companies as demand for compute capacity surges.

• •Switch targeting IPO valuation up to $80B including debt, raising up to $10B
• •Goldman Sachs and JPMorgan Chase leading underwriting
• •Signals strong investor interest in AI infrastructure companies

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