Blackstone Has a New Data Center REIT. Its BXDC IPO Might Be a Little Too Late.

Of all the ways to invest in artificial intelligence, the infrastructure that supports it seems to be one of the most lucrative right now. In fact, of the five best-performing stocks in the Nasdaq 100 Index ($IUXX) so far this year, four of them work directly in the AI infrastructure space – Sandisk (SNDK), up 513%, Seagate Technology (STX), up 197%, Western Digital (WDC), up 187%, and Micron Technology (MU), up 180%.

Data center real estate investment trusts (REITs) are also appealing, handily outperforming the Nasdaq-100. Digital Realty Trust (DLR) is up 25% so far this year, and Equinix (EQIX) jumped 41%, both topping the index return of 16% in 2026.