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MarketVerse Project · Live·Updated 07:09 PM UTC
AI Value Chain Tracker
Follow the capital through the AI economy — from the electrons that power it to the applications that monetize it. Six connected layers, live momentum, and the signal of where value is migrating next.
AI Capex 2026
$700Btracked infra spend
Hottest Layer · MTD
Data Ctrs+19.92%
Biggest 24h Mover
ARM+12.09%
Value Migration
Stage 1Applications → Infrastructure · Accelerating
The Value Chain
Upstream to downstream · click any layer to drill in
01
Power & Energy
The electrons behind every token.
57
Momentum
02
Semiconductors
GPUs & custom silicon for training and inference.
62
Momentum
03
AI Models & Compute
Frontier models and the labs that train them.
33
Momentum
04
Data Centers & Infra
The physical estate where AI runs.
94
Momentum
05
Cloud Platforms
Where compute becomes a product.
38
Momentum
06
Enterprise AI & Apps
Where AI meets revenue.
30
Momentum
Activity & Migration Map
Bubble size = momentum · position = YTD vs MTD trend
YTD trend →MTD trend ↑
Hover a bubble to inspect a layer · bubble size = momentum intensity
NVDA Dependency Index
56Index
36.2%
of Semis cap
17.7%
of chain cap
Elevated — diversifying, but still single-name dependent.
AI Capex Engine — 2026
$700B of tracked AI infrastructure spend, by layer
Data Centers & Infra$180B
Semiconductors$165B
Cloud Platforms$130B
Power & Energy$95B
AI Models & Compute$85B
Enterprise AI & Apps$45B
Value Migration Signal
Stage 1 of 4
Applications → Infrastructure
AppsData Ctrs
PaceAccelerating
Momentum spread64 pts
Bottleneck Radar
Data Centers & Infra
Pressure 94/100
Demand is outrunning available supply while momentum keeps building — this layer is gating throughput for the whole chain.
Chain Gainers · 24h
| Symbol | Last | Change | Mkt Cap | 30D |
|---|---|---|---|---|
ARM Arm Holdings | $383.60 | +12.09% | ||
CRWV CoreWeave Inc. | $103.26 | +7.85% | ||
NBIS Nebius Group | $238.28 | +7.22% | ||
IREN IREN Limited | $60.46 | +6.61% | ||
APLD Applied Digital | $43.93 | +5.92% | ||
AMD Advanced Micro Devices | $514.91 | +5.42% | ||
ANET Arista Networks | $164.14 | +4.95% | ||
KLAC KLA Corporation | $252.40 | +4.66% |
Chain Laggards · 24h
| Symbol | Last | Change | Mkt Cap | 30D |
|---|---|---|---|---|
ADBE Adobe Inc. | $202.90 | -7.27% | ||
SMCI Super Micro Computer | $30.38 | -4.99% | ||
CRDO Credo Technology | $252.50 | -4.63% | ||
AI C3.ai Inc. | $10.87 | -3.55% | ||
SNOW Snowflake Inc. | $233.37 | -2.92% | ||
MDB MongoDB Inc. | $345.52 | -2.51% | ||
PLTR Palantir Technologies | $127.93 | -2.40% | ||
PATH UiPath Inc. | $10.42 | -2.16% |