Some of the main winners of the AI boom will be stocks currently sliding under the radar.
Across the road, ground has been broken on another data center.
This specifically means data centers, which will be increasingly key for storing information as AI becomes more mainstream.
On a single-stock basis, Digital Realty Trust — the only data center real estate investment trust listed on the New York Stock Exchange — has jumped 38% over the last year, while the Global X Data Center & Digital Infrastructure ETF has climbed 12%.
Mortonson says it's difficult for software companies to build around AI.
Persons:
—, Ted Mortonson, Baird, we're, Goldman Sachs, hasn't, That's, Travis Miller, Miller, Mortonson, There's
Organizations:
Nvidia, Service, Goldman, Digital Realty Trust, New York Stock Exchange, X Data, Digital Infrastructure ETF, Bank of America, JPMorgan, Morningstar, Business, Software, Utilities
Locations:
US, Korea, India, Europe