ASX Growth Shares having Potential to Deliver Good Returns

NEXTDC Limited (ASX: NXT)

NEXTDC Limited (ASX: NXT) is at the forefront of the AI and cloud computing revolution, capitalizing on powerful megatrends transforming industries and economies. The surge in AI adoption, with generative AI usage increasing by nearly 700%, highlights its transformative potential, especially in driving innovation and productivity. To support this growth, AI and cloud technologies are central to the future of business, with substantial investments pouring into AI-ready data centres. These developments underscore the need for resilient, scalable digital infrastructure to meet the demands of AI, which is poised to contribute nearly US$19.9 trillion to the global economy by 2030. NEXTDC is strategically positioned in Australia and the Asia-Pacific region, offering rapid scaling of infrastructure to support this burgeoning market.

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