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HSBC CEO cautions on data center investment risks

HSBC CEO Georges Elhedery warned that not all data center projects will yield positive returns despite the ongoing artificial intelligence boom. Data center campuses are essential infrastructure for cloud computing and AI server operations. However, the bank executive noted that investors should exercise selectivity as the sector expands rapidly. Monitor capital allocation trends and project viability assessments within the data center sector.

Source: CNBC Markets

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