Almost every conversation about the AI boom recently seems to circle back to the same handful of names—the chipmakers designing the silicon and the tech giants renting out the computing power. But there is a quieter way to play the same boom, one most investors overlook entirely. Somebody, after all, has to own the enormous physical buildings; all of this actually runs inside.
That's where Digital Realty Trust Inc. (NYSE: DLR) comes in. As one of the largest owners and operators of data center campuses in the world, Digital Realty is effectively the landlord of the AI revolution, providing the power, cooling, and connectivity that hyperscalers and enterprises depend on to run their most demanding workloads.
