By Tom Stelzer
Publication Date: 2026-03-16 19:00:00
“This includes building the cables for the data centers, the cooling equipment, the energy storage system equipment for the data centers, and even the raw materials and energy needed to run the data centers.”
As history shows, the easiest way to deploy a transformational technology remains the “picks and shovels” approach. And that is the philosophy that Global X has adopted.
The Global X AI Infrastructure ETF (ASX: AINF) provides access to 30 global companies across the infrastructure space.
There are ten names for data center infrastructure, ten of which cover the need for energy and cooling equipment and ten refer to the raw materials required, mainly copper and uranium.
Unlike phase two, where a bet on AI was effectively a single concentrated bet on US Big Tech, phase three of the AI cycle represents true diversification across regions, sectors and stocks.
“I think with this topic of AI infrastructure it’s really important to understand that…