Switch plans $10B IPO with Goldman Sachs, JPMorgan

Switch is lining up an IPO that could raise up to $10 billion and value the company at about $80 billion including debt, with Goldman Sachs and JPMorgan Chase as lead underwriters and a potential fourth-quarter listing. The move highlights robust demand for AI infrastructure and data-center capacity, as Switch serves major clients and expands its role in the AI compute ecosystem.