10 Best AI Data Center Stocks

Page 5 of 10

6. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. The company has made several announcements regarding massive investments in AI data centers around the world. In late September, the firm pledged $1 billion towards building a data center in Thailand. At the end of August, Google had announced that it would be investing $850 million to open a data center in Latin America. In addition to these, the firm has also pledged billions towards building data centers in the United Kingdom, Singapore, the US, and Malaysia. The company has also used Arm designs to develop a data center chip that offers industry-leading performance and energy efficiency.

Page 5 of 10