Setbacks in Australian and South Korean IPOs show growing investor concerns
Asian data center providers such as Singapore's DayOne and Australia's NextDC are suffering as investors grow skeptical of the AI infrastructure buildout. (Nikkei montage/Source photos by Getty images and DayOne's website)
TSUBASA SURUGA and SHAUN TURTON
October 23, 2026 13:20 JST
TOKYO/CANBERRA -- Data center companies across Asia are facing growing investor scrutiny as a series of stalled initial public offerings and volatile stock market debuts raises questions about valuations in the booming infrastructure business.