Forget Microsoft: You don’t need Big Tech to invest in the AI data center boom

Forget Microsoft: You don’t need Big Tech to invest in the AI data center boom

By John Csiszar
Publication Date: 2026-10-02 17:33:00

You can’t watch the financial news anymore without hearing about data centers. Not everyone is thrilled about the expansion. Critics worry about the environmental and community costs, while supporters say data centers are essential to continued AI growth. But regardless of which side of the issue you’re on, there’s no denying that data centers are booming, and investors are paying attention. Even President Donald Trump urged communities to “let Data Reign” in an August 31 Truth Social post.

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While big tech names like Microsoft and Nvidia gobble up the bulk of AI headlines, there are plenty of lesser-known companies that present opportunities for investors in the data-center world. For example, servers need buildings to house them and equipment to keep them cool. Facilities also need steady supplies of electricity. With demand skyrocketing, many local grids will need to expand…