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Switch Hires Goldman Sachs and JPMorgan for Potential $10B IPO Targeting Q4

2026-07-15 00:25:21

GS9.13%

JPM2.55%

According to Reuters, data center operator Switch hired Goldman Sachs and JPMorgan Chase for a potential initial public offering as soon as the fourth quarter. The IPO could raise up to $10 billion and value the Las Vegas-based company at approximately $80 billion, including debt. Switch operates five exascale campuses across Las Vegas, Tahoe Reno, Atlanta, Grand Rapids, and Austin with multi-gigawatt power capacity. The listing would rank among the largest U.S. stock market debuts in recent years, driven by investor demand for AI infrastructure.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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