Data centers stocks

NEXTDC is a specialist listed data-centre operator whose facilities generate revenue from colocation, power, cooling, security and connectivity.

Digital Realty Trust, Inc. owns, acquires, develops, and operates data centers through its operating partnership subsidiary, Digital Realty Trust, L.P. The company is focused on providing data center, colocation, and interconnection solutions for domestic and international customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. As of March 31, 2026, the company's 309 data centers, including 89 data centers held as investments in unconsolidated entities, contain applications and operations critical to the day-to-day operations of technology industry and corporate enterprise data center customers. Digital Realty's portfolio is comprised of approximately 3.0 gigawatts of IT capacity, as well as approximately 6.3 gigawatts of buildable IT capacity under active development and held for future development, located throughout North America, Europe, South America, Asia, Australia, and Africa. Digital Realty Trust, Inc. was established and incorporated on March 09, 2004 in Maryland and is based in Austin, Texas.

Digital Realty benefits from additional demand for hyperscale data-center leasing and interconnection revenue.

Applied Digital supplies power-secured data-center facilities used by specialized compute tenants and can monetize expansion through lease revenue.

Vertiv directly supplies thermal-management and liquid-cooling systems required for high-density AI facilities and identifies liquid cooling as its fastest-growing segment.

Vertiv Holdings Co, headquartered in Columbus, Ohio, is a global provider of essential digital infrastructure technologies and comprehensive lifecycle services. The company specializes in the design, manufacturing, and servicing of critical systems vital for data centers, communication networks, and diverse commercial and industrial applications. Its extensive product range encompasses AC and DC power management, thermal control solutions, integrated rack systems, modular designs, and sophisticated management platforms for monitoring and governing digital environments. These solutions are fundamental to the operation of numerous modern services, including e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, the Internet of Things, and online gaming. In addition to its hardware offerings, Vertiv delivers a full spectrum of lifecycle management services. These include professional deployment, ongoing maintenance, and optimization, supported by predictive analytics. Specific service capabilities extend to preventative maintenance, acceptance testing, engineering and consulting, performance assessments, remote monitoring, training, spare parts, and specialized critical digital infrastructure software. Vertiv's products are marketed under prominent brands like Liebert, NetSure, Geist, E&I, Powerbar, and Avocent. The company serves a wide array of sectors such as social media, financial services, healthcare, transportation, retail, education, and government. Its global reach spans the Americas, Asia Pacific, and Europe, the Middle East, and Africa, facilitated by a robust network of direct sales professionals, independent representatives, channel partners, and original equipment manufacturers.

AI clusters require high-density liquid-cooling systems, making Envicool a direct equipment supplier to the physical data-center buildout.

Founded in 2005 and headquartered in Shenzhen, China, Shenzhen Envicool Technology Co., Ltd. specializes in the domestic production and sale of advanced thermal management solutions. The company's diverse product portfolio addresses a wide range of cooling needs, including AC and DC-powered air conditioners, heat exchangers, and integrated units for outdoor cabinets. They also deliver specialized cooling systems for telecommunications infrastructure, such as free cooling and split AC/DC air conditioners. Envicool serves industrial sectors with robust air conditioners, fan and filter assemblies, air-to-water heat exchangers, precise thermostats/hygrostats, heaters, and various oil and water cooling apparatus. Their expertise extends to comprehensive cooling solutions for transportation and data centers. Additional offerings encompass door/wall and floor-standing units, along with indoor environmental control devices like ceiling and wall-mounted air units, elevator air sterilizers, and mobile disinfection purifiers. The company leverages both liquid and air cooling technologies throughout its extensive product line.

Coherent supplies optical transceivers and subsystems used in 800G and 1.6T AI data-center fabrics.

Innolight is a major supplier of high-speed optical transceivers to data-center customers.

Schneider directly supplies liquid-cooling and power infrastructure for high-density AI facilities.

Schneider is identified as a supplier of transformers, switchgear, UPS, power distribution and electrical controls for data-centre infrastructure.

Eaton supplies electrical distribution, switchgear, transformers, UPS systems, and power management for data centers.

Directly provides the electrical switchgear and grid-to-chip power infrastructure for these massive data centers.

Powell is a specialized supplier of custom medium-voltage switchgear used in data-center power systems.

Fabrinet provides outsourced optical assembly and packaging, making it an enabling manufacturing participant in the optical-data-center supply chain.

nVent directly supplies liquid-cooling distribution, racks, and manifolds used in AI data-center construction.

Modine benefits from the need for liquid-cooling modules as AI rack density rises beyond conventional air-cooling capability.

Trane’s high-density and LiquidStack cooling systems can capture thermal-management procurement for AI facilities using closed-loop or liquid architectures.

MIS is explicitly responsible for engineering, procurement, and construction of the HUMAIN AI-data-center facilities.

Fluor is specifically positioned as an EPC contractor for data center megaprojects and is already active in the Texas market for energy and industrial projects.

Sterling's E-Infrastructure segment covers site development for data centers and other mission-critical facilities.

More specialized AI capacity expands demand for pre-engineered liquid-cooled rack systems supplied by Supermicro.

Arista supplies data-center switching that drives demand for high-speed optical interconnects in AI clusters.

Eoptolink provides high-speed optical modules needed for data-center and AI-cluster interconnects.

Accelink supplies optical transceivers and optical circuit switches that connect large accelerator clusters.

LS Electric supplies switchgear, transformers, and power systems to AI data centers and electrification projects.

ABB supplies switchgear, substations, transformers and electrification systems upstream of data-center and grid construction.

Mitsubishi Electric supplies transformers, power distribution, and UPS-related equipment that can benefit from incremental data-center electrical infrastructure demand.

Sanhe Tongfei Refrigeration Co., Ltd. research, develops, produce, and sells of industrial temperature control equipment in China. The company offers smart equipment manufacturing includes MCO/MCOI chiller, MCW/MCWI water chiller, MCS immersion chiller, MWA air/water heat exchanger, MEO oil/air heat exchanger, MCA temperature and humidity conditioner, MEA heat exchanger for electrical cabinet, HE/HS electrophoretic special heat exchanger; renewable energy storage such as LCI inverter liquid cooling unit, ECA wall mounted industrial air conditioner, ECA cabinet-in mounted industrial air conditioner, LCI PCS-specific cooling equipment, LCI high voltage cascaded/central cooling, ECH industrial dehumidifier; and power transmission and distribution electric, includes HWA air/water heat exchanger, and LWA/LWW pure water cooling unit. It also offers Intelligent Computing Center includes DWW cabinet CDU, DWW in rack CDU, DMF manifold, DTK TANK, DHWA dry cooler, DCW integrated chiller, DWA mini fan wall, DWA Chilled Water Rear Door Heat exchanger, DCA External Cabinet Backpack Aircon, DCA built-in integrated precision aircon, DCA DX rack aircon, DCA DX small precision aircon, DCA DX computer room, precision aircon, DCA DX in row precision aircon, DCA DX small precision aircon, DCA DX computer room precision aircon, DCA DX in row precision aircon, single rack/single-row modular data center, single rack/single-double-row modular date center, and DMDC container. In addition, the company offers semiconductor manufacturing; hydrogen energy; and lasers. Sanhe Tongfei Refrigeration Co., Ltd. was founded in 2001 and is based in Sanhe, China.

IES designs, installs, and maintains the electrical and technology infrastructure required inside data centers, providing material indirect capex exposure.

IES Holdings, Inc. operates across the United States, specializing in the engineering and implementation of integrated electrical and technology systems, alongside providing essential infrastructure products and related services. Its Commercial & Industrial division offers electrical and mechanical design, construction, and ongoing maintenance support for a diverse range of facilities. These include corporate offices, manufacturing plants, data processing centers, chemical and refining operations, renewable energy sites such as wind and solar farms, municipal infrastructure projects, and healthcare institutions. The Communications segment focuses on designing, installing, and servicing network infrastructure. This work primarily supports data centers catering to co-location and managed hosting clients, in addition to corporate, educational, financial, hospitality, and healthcare buildings, e-commerce fulfillment centers, and advanced manufacturing facilities. Furthermore, this segment provides design and installation expertise for audiovisual, telecommunications, fire suppression, wireless access, and security alarm systems, while also engaging in the development, deployment, and upkeep of data network systems. Within its Infrastructure Solutions unit, the company undertakes the repair and maintenance of both alternating and direct current electric motors and generators, as well as power generation and distribution equipment. It also manufactures bespoke metal-enclosed bus duct solutions for power distribution, custom generator enclosures for commercial and industrial uses, and produces, refurbishes, and repairs industrial lifting magnets. Additionally, this segment services and repairs primary and auxiliary generators, main alternators, and traction motors used in railway systems. The Residential segment is responsible for electrical installations in both single-family homes and multi-unit apartment complexes. It also provides cable television installations for residential and light commercial customers, and installs solar power systems for both new construction and existing residences. Established in 1997 and headquartered in Houston, Texas, the company rebranded from Integrated Electrical Services, Inc. to IES Holdings, Inc. in May 2016.

TE Connectivity has direct optical-cage and high-speed data-center connectivity exposure, though it is not a named party to the relationship.

Broadcom supplies merchant switch silicon and co-packaged-optics technology that sits close to the optical-interconnect architecture.

Jacobs provides engineering and program management services for large data center builds.

AECOM acts as a design, engineering, and construction management firm delivering massive hyperscale facilities.

Sunway Construction has a high data-center order-book concentration and relevant MEP execution exposure.

CG Power supplies transformers and switchgear, both required for data-center electrical infrastructure.

Comfort Systems participates in downstream mechanical and electrical construction and commissioning for data-center power projects.

Blue Star provides turnkey data-center MEP and HVAC capabilities, giving it a relevant but non-contractual opportunity to capture construction and cooling spend.

High-density AI loads require specialized cooling, making precision thermal-management equipment a bottleneck supplier opportunity.

Lumentum supplies optical lasers and transceiver components for high-speed data-center fabrics.

Supplies transformers, switchgear, and UPS to Indian data centers.

Constellation is a merchant generator with demonstrated exposure to long-term electricity supply contracts for hyperscale data centers.

NiSource’s generation subsidiary supplies the contracted data-center load and expands its pooled generation portfolio by approximately 1,100 MW.

Vistra owns merchant nuclear and gas generation that could be contracted to large continuous-load data centers.

Provider of carbon-free baseload power, a critical bottleneck for data center interconnection.

NTT DC REIT is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly. In a diversified portfolio of established income-producing real estate assets located globally which are used primarily for data center purposes, as well as assets necessary to support the digital economy, NTT DC REIT’s portfolio comprises six carrier neutral, Tier III-equivalent assets with stringent operational and technical specifications. Its portfolio is diversified across the United States (Northern Virginia and Northern California), Austria (Vienna) and Singapore, with an optimal mix of hyperscale and colocation customer contracts. Comprising primarily freehold assets, the portfolio has an appraised value of approximately US1.5 billion dollars as at 30 September 2025, with a design IT load of approximately 90.7 megawatts. The sponsor of NTT DC REIT is NTT Limited, which is part of the NTT Group, a major global IT services and telecommunications group with a leading global data center business. The NTT Group, through its global data center business NTT Global Data Centers, is the third largest data center provider globally (excluding China). It has a footprint of over 2,200 megawatts of IT power in operation and under construction and a portfolio of 133 buildings across 91 data center sites across the Americas, Europe, the Middle East and Africa and Asia-Pacific. NTT DC REIT was established on March 28, 2025.