2 Top Stocks That Analysts Love to Play the AI Data Center Boom

The AI data center market is projected to surge from $236.44 billion in 2025 to $933.76 billion by 2030, compounding at 31.6% annually. This growth reflects soaring demand for compute, storage, cooling, and power infrastructure as AI workloads spread across industries from finance to healthcare and manufacturing. That kind of expansion also means a sharp step‑up in round‑the‑clock electricity needs, putting energy supply at the center of the AI story.

​This is where the conversation shifts from chips and cloud platforms to natural gas and pipelines. AI data centers need reliable power, and gas‑fired generation is still doing much of the heavy lifting as new facilities come online. Strategists at Morgan Stanley now argue that select gas producers and midstream operators are quietly becoming some of the most direct beneficiaries of this buildout.