Data center stocks are publicly traded companies that own or run data centers or provide the computing, cooling, memory, networking, power, and other infrastructure items used in these centers. You can get exposure through data center REITs. For example, Equinix, Digital Realty, semiconductor companies, telecom companies, and infrastructure suppliers.
Are you looking for a list of data center stocks? Have you ever wondered about your digital footprint? Where are all your emails and other data stored? Now, think on a bigger scale. Google, Facebook, Amazon, and other Magnificent 7 companies and multinationals must store their data somewhere.
That is where data centers come in. They are the digital world’s backbone. These facilities house computing infrastructure and play an essential role in storing, processing, and distributing vast data. Their role will be more important than ever as our data usage increases daily with the rise of AI.
What Are the Best Data Center Stocks in 2026?
| Symbol | Name |
|---|---|
| EQIX | Equinix Inc |
| DLR | Digital Realty Trust Inc |
| AMT | American Tower Corp |
| IRM | Iron Mountain Inc |
| MU | Micron Technology |
| TSX: T & NYSE: TU | TELUS |
Future of Data Centers
The data center industry is rapidly transforming due to technological advancements, business needs, and the rise of AI.
- Energy efficiency: Due to environmental concerns, renewable energy will be essential for their cooling systems. Data centers will also use power management technologies to reduce and optimize consumption.
- AI and automation: Predictive maintenance will be implemented thanks to AI, which will also take care of security and threat detection to optimize performance and workload management.
- 5G: The rollout of 5G networks will increase the demand for data processing and storage capabilities.
- Quantum computing: Although an early-stage technology, it can revolutionize cooling systems, security, and many other data center applications.
Data Centers and AI Growth
The data center industry continues to expand as AI, cloud computing, and other data-heavy applications increase demand for computing power, storage, networking, and electricity.
- AI infrastructure: AI workloads require large amounts of computing power, memory, storage, and data center capacity.
- Energy efficiency: Power and cooling are becoming increasingly important as data centers grow. Renewable energy and power-management technologies may play a larger role.
- 5G: The continued expansion of 5G networks increases the amount of data being created and transmitted.
- Cloud computing: Businesses continue moving applications and data to cloud infrastructure, increasing demand for data center capacity.
- Quantum computing: Quantum systems are beginning to move into commercial data center environments and may become another source of infrastructure demand.
Data Center Stocks List
Now that we understand these better let’s examine the various data center stocks in this competitive industry. As you will see, several major players are dominating in different ways.
Equinix Inc (NASDAQ: EQIX)
First on our list of data center stocks is Equinix. It’s a large company across multiple continents. Clients can rent space, power, and cooling for their servers and networking equipment within the same facility.
Equinix has data centers in major cities around the world. Their locations help customers connect to important markets, and the company also works with large cloud providers.
The company is growing and will likely continue dominating this space.
Digital Realty Trust Inc (NYSE: DLR)
DLR is a real estate investment trust (REIT) on this data stocks list. It owns, operates, and invests in data centers worldwide. It has a large footprint across multiple continents and countries.
The company’s core business revolves around creating a platform for telecom operators, enterprises, and cloud service providers where digital transformation can be addressed. DLR’s clients are diverse.
What about sustainability? DLR pledged to substantially reduce its carbon emissions by 2030.
American Tower Corp (NYSE: AMT)
AMT has been traditionally known for its wireless and broadcast tower infrastructure. However, it has been expanding into the data center business due to the growing demand.
- Regional data centers in major metropolitan areas across the US through its subsidiary CoreSite.
- Access Edge Data Centers are smaller facilities at the base of existing cell towers.
With the move into the data center business through CoreSite, AMT hopes to achieve more stable and predictable revenue streams, complementing its traditional tower infrastructure business.
Iron Mountain Inc (NYSE: IRM)
Back in the day, I remember we would throw all our sensitive private documents into an Iron Mountain box, and someone would come to shred them securely. Have times changed? Iron Mountain has evolved from its roots as a secure storage provider to become a player in the data center industry.
Iron Mountain leverages its reputation as a trusted information management company. They’re also a hybrid infustructure system that operates a data center.
So keep them on your data center stocks list.
Micron Technology (NASDAQ: MU)
Next on the list is Micron, which produces critical memory and storage technologies that power modern data centers. Thanks to AI and computer demand growth, the company’s data center segment is quickly expanding.
Micron will continue investing in cutting-edge memory technologies, solidifying its market share and relationships with major tech companies.
In 2025, Micron reported that its data center business reached 56% of its revenue. Its HBM business has really benefited from AI.
TELUS (TSX: T & NYSE: TU)
We conclude this list with TELUS, a Canadian telecom company. However, they’re expanding beyond just a telecom company by building sovereign AI infrastructure and including it in their offerings.
In September 2025, they launched Canada’s first fully sovereign AI factory in Quebec. It provides businesses and researchers with AI that’s kept within Canadian borders.
They want to focus on building AI infrastructure that lasts the AI’s life cycle and stays in Canada. In May 2026, TELUS announced its plans to expand its Sovereign AI Network with three more facilities.
They’re positioning themselves to capitalize on the ever-expanding demand for AI as well as addressing the need to keep it under Canada’s control. As a result, they’ll be at the forefront of controlling domestic data centers and AI infrastructure.
Data Center ETFs
You’ll like this next section if you prefer ETFs to data center stocks. We examine various ETFs covering data centers and similar industries.
Global X Data Center & Digital Infrastructure ETF (NASDAQ: DTCR)
DTCR includes companies tied to data centers and digital infrastructure. Some of its holdings include Equinix, Digital Realty Trust, and American Tower Corp.
Global X Cloud Computing ETF (NASDAQ: CLOU)
Next is CLOU, which focuses on companies benefiting from the increased adoption of cloud computing technology. The ETF is exposed to both established tech giants and innovative newcomers in the industry.
Franklin Exponential Data ETF (BATS: XDAT)
Finally, we have XDAT, which focuses on companies involved in data creation, collection, analysis, storage, security, and utilization.
Final Thoughts on Data Center Stocks
To conclude, data centers are a huge part of our digital world. Without them, big companies couldn’t store, process, and disseminate data and applications. There are different ways to invest in data centers: infrastructure, REITs, software, or a mix of everything with ETFs.
This industry will likely continue to experience plenty of growth in the years to come, especially with the rise of AI and quantum computing.
Frequently Asked Questions
Many different data center stocks exist, as the industry is very important and competitive. You can invest in REITs, the technology, or the software needed to power data centers.
There is a huge demand for more powerful and advanced data centers, and this industry will likely continue to grow for many years.
Mag 7 companies need data centers to power AI, store massive data, and support cloud services and applications.
No. They're different. Some data center stocks benefit from AI, but they tend to be more geared toward REITs, telecom companies, and cooling/power providers, to name a few.
