AI Value ChainSupply constrained
Layer 4 of 6
Data Centers & Infra
Colocation REITs, servers, networking and neocloud operators. $700B of capex lands here as physical infrastructure — the layer converting capital into deployable compute.
Momentum
910–100 composite
Today
+1.90%cap-weighted
MTD
+19.19%month-to-date
YTD
+96.71%year trend
Tracked Cap
1.01T12 names
Price Explorer
$1,055.85+1.21%
Why it matters
The physical estate where AI runs.
2026 capex / spend$180B
Breadth advancing83%
Data Centers & Infra · Constituents
| Company | Role | Weight | Last | Change | Mkt Cap | Trend |
|---|---|---|---|---|---|---|
EQIX Equinix Inc. | Core | $1,055.85 | +1.21% | |||
DLR Digital Realty Trust | Core | $184.20 | +0.74% | |||
ANET Arista Networks | Core | $163.24 | +4.37% | |||
DELL Dell Technologies | Core | $395.57 | +1.05% | |||
SMCI Super Micro Computer | Core | $30.46 | -4.72% | |||
CRWV CoreWeave Inc. | Core | $100.55 | +5.02% | |||
VRT Vertiv Holdings | Enabler | $302.87 | +1.68% | |||
CIEN Ciena Corp. | Enabler | $445.98 | +0.17% | |||
NBIS Nebius Group | Core | $232.36 | +4.55% | |||
CRDO Credo Technology | Enabler | $250.81 | -5.27% | |||
IREN IREN Limited | Adjacent | $59.77 | +5.40% | |||
APLD Applied Digital | Adjacent | $42.70 | +2.97% |