Citi Raises Data Center Forecasts, Names Top AI Stocks

Analyst
โดย Investing.com·GLOBAL·Read original
Summary · why it matters

Citi has raised its global data center growth forecasts, citing accelerating hyperscale investment in high-performance computing and AI workloads, and has named a list of stocks it expects to benefit across multiple sectors. The bank now projects global data center IT load will grow at a 25% compound annual rate, rising from 121 gigawatts in 2026 to 370 gigawatts in 2031, with annual absorption accelerating from 35 gigawatts in 2026 to 60 gigawatts in 2031. Citi notes that short-term supply constraints from energy availability and regulatory pauses in Texas and New York should be resolved constructively, and that pre-leasing could extend into 2028-2030. The bank recommends buying data center stocks Equinix, Digital Realty Trust, and TeraWulf, and names NextEra Energy and FirstEnergy as utility winners, AMD and Celestica in semiconductors, Amazon, Alphabet, and Meta in internet, and Microsoft, Oracle, and neocloud providers in software.

Impact on stocks 13

Artificial Intelligence▲ · 6 stocks
Meta Platforms Inc.
META
▲ PositiveDemandrelevance

Citi names Meta as a top AI stock benefiting from hyperscale investment in AI workloads.

Microsoft Corporation
MSFT
▲ PositiveDemandrelevance

Citi names Microsoft as a top AI stock in software, benefiting from data center growth.

Amazon.com Inc
AMZN
▲ PositiveDemandrelevance

Citi names Amazon as a top AI stock benefiting from hyperscale data center growth.

Alphabet Inc Class C
GOOG
▲ PositiveDemandrelevance

Citi names Alphabet as a top AI stock benefiting from hyperscale data center growth.

Digital Finance & Tokenization▲ · 2 stocks
Terawulf Inc
WULF
▲ PositiveDemandrelevance

Citi recommends buying TeraWulf as a data center stock benefiting from AI-driven demand.

Cloud & Digital Infrastructure▲ · 2 stocks
Equinix Inc
EQIX
▲ PositiveDemandrelevance

Citi recommends buying Equinix as a data center stock benefiting from raised growth forecasts.

Oracle Corporation
ORCL
▲ PositiveDemandrelevance

Citi names Oracle as a top AI stock in software, benefiting from data center growth.

Energy Transition & Power Demand▲ · 2 stocks
Nextera Energy Inc
NEE
▲ PositiveDemandrelevance

Citi names NextEra Energy as a utility winner from data center power demand.

Information Technology▲ · 1 stocks

Theme Impact 12

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