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MarketVerse Project · Live·Updated 01:02 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
Apps+12.56%
Biggest 24h Mover
CIEN-9.95%
Value Migration
Stage 2Infrastructure → Models & Compute · Accelerating
The Value Chain
Upstream to downstream · click any layer to drill in
01
Power & Energy
The electrons behind every token.
39
Momentum
02
Semiconductors
GPUs & custom silicon for training and inference.
32
Momentum
03
AI Models & Compute
Frontier models and the labs that train them.
61
Momentum
04
Data Centers & Infra
The physical estate where AI runs.
34
Momentum
05
Cloud Platforms
Where compute becomes a product.
48
Momentum
06
Enterprise AI & Apps
Where AI meets revenue.
55
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
59Index
39.4%
of Semis cap
18.1%
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 2 of 4
Infrastructure → Models & Compute
SemisModels
PaceAccelerating
Momentum spread29 pts
Bottleneck Radar
Power & Energy
Pressure 39/100
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 |
|---|---|---|---|---|
META Meta Platforms Inc. | $742.96 | +3.38% | ||
CRM Salesforce Inc. | $233.92 | +2.09% | ||
NEE NextEra Energy | $78.51 | +1.46% | ||
MSFT Microsoft Corp. | $541.15 | +1.14% | ||
DLR Digital Realty Trust | $180.16 | +0.78% | ||
AI C3.ai Inc. | $11.61 | +0.69% | ||
EQIX Equinix Inc. | $1,032.60 | +0.64% | ||
TLN Talen Energy | $379.77 | +0.32% |
Chain Laggards · 24h
| Symbol | Last | Change | Mkt Cap | 30D |
|---|---|---|---|---|
CIEN Ciena Corp. | $405.01 | -9.95% | ||
CRDO Credo Technology | $200.84 | -7.25% | ||
OKLO Oklo Inc. | $32.21 | -7.18% | ||
SMR NuScale Power | $6.70 | -6.94% | ||
NBIS Nebius Group | $210.06 | -4.98% | ||
SMCI Super Micro Computer | $39.98 | -4.49% | ||
ARM Arm Holdings | $255.24 | -4.15% | ||
MU Micron Technology | $989.04 | -3.88% |