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Aditi Tiwari

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Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demand

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By Aditi Tiwari
| MSN UK Verified
By Aditi Tiwari July 1 (Reuters) - ITG's shares rose 12.5% in their Nasdaq debut on Wednesday, giving the Oaktree-backed digital infrastructure company a market value of $2.18 billion, as investors continued to back firms tied to the AI boom. The debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology firms pour billions into expanding data centers to meet soaring demand for AI computing.
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Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demand

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By Aditi Tiwari
| MSN UK Verified
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