Data Center & Digital Infrastructure Stocks

CoreWeave operates a specialized cloud platform built around large fleets of NVIDIA GPUs hosted in data centers, delivering compute for AI training and inference. It rents GPU capacity to AI labs and enterprises under multi-year contracts. CoreWeave is a leading example of a GPU-cloud data-center operator and listed publicly in 2025.

Nebius builds and operates AI-focused cloud infrastructure, combining owned data centers, NVIDIA GPU capacity, and cloud software services. It provides GPU compute, storage, and managed tools to AI developers and enterprises, and is expanding capacity through large multi-year customer agreements. It is a vertically integrated neo-cloud data-center operator.

Super Micro Computer designs and builds high-performance servers, storage, and rack-scale systems, including GPU servers and complete data-center racks. It supplies hyperscalers, cloud providers, and enterprises with AI and high-density compute hardware and offers direct liquid-cooling rack solutions. It is a core data-center server and rack vendor.

IREN owns and operates data centers powered largely by renewable energy, running both bitcoin mining and a growing AI cloud business. It has agreed to purchase tens of thousands of NVIDIA GPUs to expand AI cloud capacity and signed multi-year compute contracts. It bridges the power-and-campus and GPU-cloud layers.

Applied Digital develops and operates data centers in the United States, building large campuses that provide power, cooling, and space for high-performance computing and AI workloads. It hosts compute infrastructure for cloud and AI customers and is expanding purpose-built capacity for GPU clusters. It is a data-center operator focused on HPC hosting.

Core Scientific owns and operates large data centers in the United States. It has been converting capacity from cryptocurrency mining toward high-performance computing and AI hosting, providing power, space, and infrastructure to compute customers under long-term contracts. It is a data-center operator pivoting to AI and HPC colocation.

WhiteFiber provides AI cloud infrastructure, renting GPU computing capacity and operating its own data centers built for high-performance and AI workloads. Recently public, it offers GPU cloud services and owned facilities, giving it direct exposure to demand for AI and high-performance computing capacity.

Arista Networks builds high-speed Ethernet switches and network software used to connect servers and storage inside cloud and AI data centers. Its switching platforms and EOS operating system are widely deployed by hyperscalers and large enterprises for low-latency, high-bandwidth networking. It is a leading data-center and AI-cluster networking vendor.

Marvell designs data-center connectivity and custom silicon, including optical interconnect chips, Ethernet switching, and accelerators built for hyperscalers. Its products move and process data inside AI and cloud data centers, making it a core supplier of the networking and custom-compute silicon used in large computing facilities.

American Tower is a communications-infrastructure REIT that owns and leases wireless towers and rooftop sites worldwide to mobile carriers. Through its CoreSite business it also owns and operates US data centers and interconnection facilities, giving it direct exposure to colocation alongside its tower portfolio. It is a major DTCR holding.

Astera Labs designs connectivity semiconductors and hardware that move data inside AI and cloud data centers. Its smart fabric products, including retimers, gearboxes, and fabric switches built around PCIe, CXL, and Ethernet, link GPUs, CPUs, and memory at high speed. It targets rack-scale AI infrastructure interconnect.

Credo Technology designs high-speed connectivity products for data centers, including active electrical cables, SerDes chiplets, retimers, and optical digital signal processors. Its hardware conditions signals between servers, switches, and accelerators in AI and cloud infrastructure. It is building a connectivity stack spanning electrical and optical interconnect for scale-up and scale-out networks.

Iron Mountain provides records storage and information management and has built a fast-growing data-center business that develops and operates colocation and hyperscale facilities. Its data-center segment leases capacity to enterprises and cloud providers, complementing its legacy storage operations within a real estate investment trust structure.

SBA Communications is a wireless-infrastructure REIT that owns and operates communications towers and other antenna sites, leasing space to mobile carriers and other tenants across the Americas and other regions. It also provides site development services. Its towers are part of the wireless backbone within the broader digital-infrastructure category.

Talen Energy is an independent power producer that owns generation including the Susquehanna nuclear plant in Pennsylvania. It has signed long-term agreements to supply electricity directly to data centers, including an expanded nuclear offtake arrangement with Amazon, positioning it as a power supplier to large compute campuses. It is an AI-power generation name.

TeraWulf owns and operates data centers powered largely by low-carbon energy, running bitcoin mining alongside a growing high-performance computing and AI hosting business. It has signed multi-year AI hosting agreements and acquired sites to expand hyperscale data-center capacity. It is a power-and-campus data-center operator shifting toward HPC hosting.

GDS Holdings develops and operates high-performance data centers in China and other Asian markets, providing colocation and managed hosting for cloud providers, internet companies, and enterprises. It builds large wholesale and hyperscale facilities and is expanding capacity to meet cloud and AI computing demand.

VNET Group is a carrier-neutral data-center operator in China that builds and operates colocation and wholesale data centers and provides hybrid cloud and network services. It hosts computing infrastructure for internet, cloud, and enterprise customers, expanding wholesale capacity to serve growing AI and cloud demand.

Uniti Group is a fiber and communications-infrastructure company that owns and operates fiber networks across the United States. After completing the Windstream merger, it provides fiber connectivity, dark fiber, and wavelengths to carriers, enterprises, and other customers, supplying the long-haul and metro fiber that links networks and data centers.

Dell Technologies makes servers, storage, and networking systems for data centers alongside its PC business. Its PowerEdge servers, including GPU-dense AI configurations with liquid cooling, supply hyperscalers and enterprises building AI and cloud infrastructure. Its infrastructure-solutions segment is a major data-center hardware supplier.

GE Vernova makes power-generation and electrification equipment, including gas turbines, grid hardware, and electrical systems. Its turbines and grid products are increasingly ordered to supply and connect data centers, and its electrification segment has booked large data-center-related equipment orders. It supplies the generation and grid infrastructure behind compute campuses.

Corning makes optical fiber, cable, and connectivity hardware used to link servers, racks, and data centers. It supplies fiber, connectors, and emerging fiber-to-the-chip and co-packaged optics products designed for the density and bandwidth of AI data centers. Its optical-communications business is a core supplier of data-center connectivity.

Eaton is a power-management company that makes electrical equipment including switchgear, uninterruptible power supplies, busways, and power distribution used in data centers. It completed an acquisition of Boyd Thermal to add liquid-cooling capability, integrating power and cooling at the rack level. Data centers are a significant and growing part of its electrical business.

Quanta Services provides infrastructure construction and engineering for electric power, including transmission lines, substations, and grid connections, plus utility and communications work. Its capabilities support the grid upgrades and electrical buildout required to power data centers. It is a leading infrastructure contractor benefiting from data-center and grid electrification spending.

Constellation Energy is a US power producer with a large nuclear fleet and, after acquiring Calpine, substantial natural-gas generation. It has signed long-term agreements to supply electricity to data centers, including a multi-year deal tied to restarting a nuclear unit. It is positioned as a power supplier for AI compute demand.

Ciena makes optical and routing systems that carry high-capacity traffic across networks and between data centers. Its data-center interconnect platforms and coherent optics are used by cloud providers and carriers to link facilities over long distances. It is widely cited as a leader in data-center interconnect and optical for cloud providers.

Bloom Energy makes solid-oxide fuel-cell power platforms that generate on-site electricity from natural gas, biogas, or hydrogen. Its systems provide always-on power for data centers and other large facilities, and it has partnerships to supply power for AI data-center campuses.

Coherent makes photonics and optical components, including transceivers and lasers used for high-speed connections inside and between data centers. Its optical interconnect products support the bandwidth needed for AI clusters, and it has agreements with chip makers to advance next-generation data-center optics. It is an optical-networking supplier for AI infrastructure.

Comfort Systems USA designs, installs, and services mechanical, electrical, and plumbing systems, including HVAC and cooling. It builds intricate cooling and modular systems for data centers and is expanding prefabrication and modular capacity to meet demand from AI, cloud, and high-performance computing projects. It is a mechanical contractor for data-center construction.

Hewlett Packard Enterprise makes servers, storage, networking, and supercomputing systems for data centers, including GPU and liquid-cooled AI systems and its GreenLake services. Its 2025 acquisition of Juniper Networks substantially expanded its data-center and campus networking portfolio. It supplies compute, storage, and networking across enterprise and high-performance computing.

Vistra is an independent power producer that owns a large fleet of natural-gas, nuclear, and other generation across US markets. It has pursued agreements to supply power to data centers, including arrangements connected to nuclear plants and potential small modular reactors. It is one of the independent power producers tied to data-center electricity demand.

Crown Castle is a US communications-infrastructure REIT that owns and leases wireless towers to mobile carriers. After closing the sale of its fiber and small-cell businesses on May 1, 2026, it is now a pure-play US tower REIT rather than a fiber operator. Its towers support the wireless networks within the broader digital-infrastructure category.

Everpure, formerly Pure Storage, makes all-flash data-storage systems and storage software for data centers and cloud environments. Its arrays and storage-as-a-service offerings hold and serve the large datasets used by enterprise and AI workloads. It changed its NYSE ticker to P from PSTG in April 2026. It is a data-center storage supplier.

Lumen Technologies operates a large fiber network and is positioning around AI-ready networking, multi-cloud connectivity, and metro data-center links. It provides connectivity and network services to enterprises and carriers, and its fiber backbone supports the data movement between cloud regions and data centers.

EMCOR Group provides mechanical and electrical construction and facilities services in the United States. It installs and maintains electrical power, HVAC, and other building systems, including work on data-center and mission-critical projects. Data centers are one part of a broad construction and services business across many sectors.

Hubbell makes electrical and utility equipment, including power-distribution, grid, and connection products. Its utility-solutions and electrical-solutions products are used in the power delivery and electrical systems that supply data centers. Data centers are a growing end market within a broad electrical and utility-products portfolio.

Modine makes thermal-management products including cooling and heat-transfer systems. Its data-center cooling line, including air- and liquid-cooling equipment, serves operators building higher-density facilities for AI and cloud workloads. Data-center cooling is a fast-growing part of a business that also serves industrial and vehicle markets.

Jacobs Solutions is an engineering and professional-services firm that designs and manages complex infrastructure projects. Its work includes planning, design, and program management for data centers and the supporting power, water, and site infrastructure. Data centers are one area within a broad engineering and consulting business spanning many sectors.

Wesco International is a distributor of electrical, communications, and utility products and supply-chain services. It supplies wire, cable, connectivity, power, and electrical materials used in data-center and broadband construction. Data-center and digital-infrastructure projects are one demand driver within a large industrial-distribution business.