By Leigh Gant
Publication Date: 2026-02-26 01:19:00
Artificial intelligence may make headlines for disrupting software and productivity, but the real expansion is in concrete, cables, electrical panels and server racks.
As hyperscalers expand their data centers and governments invest in electrification and transportation expansion, billions of dollars are pouring into the physical backbone that powers AI. For investors, this opens the door to companies that build and wire the infrastructure rather than design the software.
Here are three ASX-listed ideas exposed to this trend.
Image source: Getty Images
Southern Cross Electrical Engineering
Southern Cross Electrical Engineering Ltd (ASX: SXE) is an electrical, instrumentation and communications services provider with a focus on infrastructure, resources, energy and increasingly data centers.
In December, the company said it had secured new data center and rail contracts worth about $90 million. This included working at DigiCo Infrastructure REIT (ASX:…