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The spike usually due to good market sentiment. During MCO, is the company earning will be affected? IMHO, data provider company has the edge in this time period because everyone stays at home and Internet access is almost a must to keep them entertained. Hence market thinks this company will benefit.
In the long run, demand for data center service will increase even more, as the data we generate per year has been increasing and it will certainly increase in tandem with growth drivers such as 5G, AI, IOT etc.