3 AI Infrastructure Stocks Riding Real Data Center Spending
Simply Wall St highlights three AI infrastructure stocks tied to data center spending: Forgent Power Solutions (about $1.2b revenue, $11.4b market cap, near $2b backlog), Celestica (CA$55.7b market cap, 2026 guidance raised to $20.5b, record quarterly revenue, ~45% ROE), and Vertiv (about $7.5b Americas revenue, $110.5b market cap, 15.1% net margin, 36.4% ROE).
How this was made
The 30-second read
Why it matters
The piece is primarily a multi-stock theme screen. It provides some specific figures (e.g., Celestica 2026 guidance to $20.5b, equity issuance around $3.45b; Vertiv margins/ROE; Forgent backlog near $2b) but does not clearly establish that these are newly disclosed in this article.
Market read
Traders get a checklist of bullish AI infrastructure read-throughs and explicit risk flags (dilution, concentration, leverage), but no single fresh catalyst is clearly isolated.
What to watch
Key missing details include whether backlog converts to revenue at attractive margins, the durability of customer concentration, and whether guidance changes were already widely disseminated before publication.
Background
Simply Wall St frames AI infrastructure stocks as less rate-sensitive because demand is tied to physical data-center projects and spending.
Ticker impact
Celestica is said to have raised 2026 guidance to $20.5b and reported record quarterly revenue, alongside equity issuance of about $3.45b.
Likely two-sided reaction risk: positive on guidance, capped by dilution/concentration concerns.
The article includes specific guidance and issuance figures, but it is still framed as a screener overview rather than a clearly dated, first-time disclosure.
Vertiv is described as benefiting from AI data-center buildouts, with net margins at 15.1% and ROE at 36.4%, plus backlog tied to AI-ready projects.
Gradual upside bias if AI cooling/power demand stays strong; downside if leverage or concentration fears rise.
The text provides performance ratios and qualitative risks but does not present a fresh, time-stamped catalyst like a new contract award or guidance update.
Market effects
Reinforces the AI infrastructure supply-chain narrative (power distribution, cooling, and manufacturing/supply chain) as a relative hedge versus higher-rate pressure on growth.
Mentions North America and Asia exposure for the supply-chain and manufacturing names, implying global hyperscaler capex sensitivity.
Suggests hyperscaler AI hardware and power/cooling capex remains a cross-region driver for equipment and services providers.
Counterpoint
The article’s positives (backlog, ROE, raised guidance) may already be priced in for AI infrastructure leaders, while dilution and leverage risks could dominate if capital markets tighten.
Key entities
- companyForgent Power Solutions
Electrical distribution equipment supplier for data centers and grid projects; article cites near $2b backlog and balance-sheet risks.
- companyCelestica
End-to-end supply chain and manufacturing provider for AI-ready data center hardware; article cites raised 2026 guidance and equity issuance.
- companyVertiv
Data-center power and cooling systems provider; article cites net margins and ROE plus AI-linked backlog.
