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NEXTDC Limited

ASX Announcements

Change of Director's Interest Notice

Change of Director’s Interest Notice

Market Sensitive

Introduction of Growth Incentive Plan

Company Administration - Other

Market Sensitive

Half Year Results Announcement

Half Yearly Report

Market Sensitive

Half Year Results Presentation

Half Yearly Report, Company Presentation

Market Sensitive

Half Year Report & Accounts

Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report

View all NXT announcements

Yesterday

Leah Weckert, Coles

What we learnt: Coles is thumping Woolies. Does a price war loom?

It was a case of duopolies at war on Thursday, with Coles toppling Woolworths and Medibank Private revealing much better numbers than Ramsay Health Care.

This Month

The risk/reward trade-off on equity markets is very poor right now, with the equity risk premiums near historic lows.

What we learnt: Behind the massive share price moves on manic Monday

Investors were brutal in their earnings assessments, leaving nowhere for the disappointers to hide.

NextDC chief executive Craig Scroggie will be rewarded with a share package worth $50 million if the company’s share price hits $32.52 in five years’ time.

NextDC unveils $150m bonus plan to keep star executives

CEO Craig Scroggie is in line for a $112 million bonus if shares rise 124 per cent in five years, making him one of the ASX’s top earners.

January

AirTrunk’s Robin Khuda, Telstra’s Vicky Brady and Google’s Mel Silva give their views on the impact of DeepSeek.

What Australia’s tech leaders think of DeepSeek’s AI

Prominent technology chiefs offer their views on the sudden rise of DeepSeek: it’s a game changer, competition is good and expect more market gyrations.

NextDC chief executive Craig Scroggie says DeepSeek, or other more efficient AI models would still ultimately use the same amount of power overall.

DeepSeek dents outlook for AI-fuelled power boom

NextDC’s CEO says data centre power use will not fall after US energy stocks were smashed by expectations DeepSeek will pierce AI-fuelled electricity demand.

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Jim Chanos has been long been a bearish investor, and once oversaw a portfolio of more than $11 billion.

The wall of money heading for data centres has short-sellers excited

High-profile fund manager Jim Chanos says there’s too much exuberance about the sector and developers see only growing demand driven by artificial intelligence.

November 2024

NextDC CEO Craig Scroggie (r) talks to AFR technology editor Paul Smith in Sydney.

Nuclear ban holds Australia back from data centre opportunity

Craig Scroggie says without a ‘logical conversation’ on nuclear, Australia may miss an opportunity to grab an outsized chunk of the booming data centre industry.

Joe Bartolo, founder and CEO of civil construction and heavy equipment hire group Symal.

From one wheelbarrow and a ute to a $437m ASX listing

Symal Group founder Joe Bartolo started from humble beginnings in 2001 to build his construction group into a large enough player to float on the exchange this year.

October 2024

The Macquarie Park Data Centre in Sydney.

Big banks fund Macquarie Technology bid to cash in on AirTrunk effect

The funding agreement came as new research showed investment in data centres was expected to hit $26 billion by 2030 amid booming demand from technology giants.

September 2024

Craig Scroggie, Chief executive of NextDC hopes to raise $750 million to fuel the data centre company’s expansion into Asia.

NextDC raises $750m for Asia land grab, racing AirTrunk

NextDC is cashing in on investors’ exuberance for data centres, raising $750 million to ride the euphoric mood set by its rival AirTrunk’s $24 billion deal.

NextDC chief executive Craig Scroggie.

UBS, Morgan Stanley on the ticket for NextDC’s $550m placement

Funds will be raised for the data centre operator at a fixed price of $17.15 per share, representing a 3.9 per cent discount to the last close.

AirTrunk’s deals have been themed around Star Wars, with the company’s chief financial officer a fan of the sci-fi series.

Inside Project Amidala: AirTrunk’s $24b deal

Four years ago, Blackstone missed its chance to buy up the data centre giant. It wasn’t about to make the same mistake twice, even if it cost $24 billion.

Robin Khuda says AirTrunk has “always been ahead of the game”.

Khuda sets $100b valuation target for AirTrunk’s next trick

Billionaire Robin Khuda has praised his own foresight in investing in data centres tailor-made for tech giants after creating a $24 billion business in less than a decade.

AirTrunk founder Robin Khuda founded AirTrunk less than a decade ago.

AirTrunk’s $23.5b AI pay day

Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.

Robin Khuda arrived in Australia as an 18-year-old from Bangladesh, and is now at the centre of the year’s biggest deal.

Robin Khuda is the ringleader of this year’s biggest M&A deal

The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.

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August 2024

NextDC chief Craig Scroggie.

No sweetener for NextDC in AirTrunk’s $20b auction

The CEO of data centre group NextDC, Craig Scroggie, doesn’t expect AirTrunk’s sale to influence the way his company is valued by the sharemarket.

July 2024

Former resources minister Keith Pitt.

Roaring Keith! Ex-mining minister buys booming coal stocks

Australian mining stocks are ripping, and former LNP federal resources minister Keith Pitt has added three mines to his investment properties.

May 2024

The Google Cloud data centre in Germany relies on AI chips inside its servers to help provide co-piloting programs to humans.

Nuclear, data centres are in a sweet spot for investors

Analysts are scouring sharemarkets for ways to profit from the rush of money into the data centres that will support the rise of AI.

Dennison Hambling, the MD of Intelligent Monitoring Group, says Australia has become uncompetitive and is being strangled by compliance rules. A cut in corporate tax rates would free up capital for extra investment.

CEOs to Labor: Cut taxes and tech investment will ramp up

Dennison Hambling of security monitoring company IMG says Australia is five to 10 years behind other countries and a corporate tax rate cut would free up capital to make bolder investments.

Bevan Slattery

Rich Lister entrepreneur’s final start-up will build underwater robots

Bevan Slattery is arguably Australia’s most successful tech entrepreneurs of the last 20 years. He thinks he has one more start-up in him, and has big plans for reviving coral reefs.

Original URL: https://www.afr.com/company/nxt-137