They produce colors, generators, glass fibers: The secret winners of the AI boom are not sitting in Silicon Valley
Anyone building a data centre needs not just computer chips, but first and foremost a large construction pit and plenty of electricity. This benefits American companies that are not associated with AI. An overview.
The AI boom is driving investment in data centers in the US, with the five major hyperscalers (Amazon, Alphabet, Microsoft, Meta, and Oracle) expected to spend over $800 billion on investments this year, rising to $1100-1200 billion by 2027. Companies like Cisco, Caterpillar, and Corning are benefiting from this trend, supplying equipment such as networking products, construction machinery, and fiber optic cables to support the growth of data centers.
Cisco's stock has surged, with the company providing products that enable fast, secure, and efficient networking. Caterpillar's stock has more than doubled in a year, driven by demand for its construction equipment and generators to power data centers. Corning has signed major contracts with Nvidia, Meta, and Amazon to supply fiber optic cables for data centers.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
