Business Insider July 1, 2024
- Some of the main winners of the AI boom will be stocks that are flying under the radar.
- They include unflashy companies that provide electricity and data-center services.
- As Nvidia commands attention and amasses a following, these “boring” stocks are already outperforming.
Picture a stuffy, windowless room with servers lined back-to-back. It’s hot, with thousands of computers operating at once. Massive industrial-size fans are whirring in an attempt to cool things down.
Across the road, ground has been broken on another data center. A whole industrial complex is popping up. The construction companies in charge can barely keep up with demand.
The scene encapsulates the immense...