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MarketBeat
MarketBeat
Chris Markoch

3 Stocks Riding the AI Data Center Buildout Wave

JCI VRT American Tower AMT MarketBeat Nvidia

Earnings season follows a predictable rhythm. Investors have now heard from many companies fueling the artificial intelligence (AI) revolution. This earnings season, hyperscalers like Amazon, Microsoft, and Meta Platforms have reiterated or increased their planned data center investments for 2025, among the mega-cap technology stocks.

That coincides with a report from Grand Valley Research that forecasts the global data center market size to grow at a compound annual growth rate (CAGR) of 11.2% between 2025 and 2030. In dollar figures, that means it will grow from $347.60 billion in 2024 to $652.01 billion in 2030.

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