NEXTDC Limited (NXT.AX), an Australian data centre operator, raised its capital expenditure outlook for fiscal 2026 by A$400 million, citing the need to fast-track part of its planned inventory expansion to support newly signed customer contracts.
The Australian data centre operator now expects FY26 capex to range between A$2.2 billion and A$2.4 billion, up from its earlier forecast of A$1.8 billion to A$2.0 billion, the company said in a statement.
Guidance for net revenue and underlying EBITDA for the year remains unchanged.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.