Jim Chanos has a new short target in his sights. Earlier this week, the hedge fund manager disclosed that he is betting against "legacy" data centers that face growing competition from the trio of technology giants, which have previously been their biggest customers.
The fund manager, who is best known for his winning bet against the energy giant Enron two decades ago, believes that data centers owned by companies such as Digital Realty Trust and Equinix are under threat as big tech companies build their own infrastructure.
Q1 2022 hedge fund letters, conferences and more