Data Centers
Hyperscale and colocation facilities housing AI compute and storage infrastructure.
Active institutional exposure flipped from a net outflow of $45.0 billion in Q1 2026 to a net inflow of $71.7 billion in Q2 2026. 59.8% of companies in this theme saw increased active positions in Q2 2026.
Ecosystem Map
Third-party data center hosting and distributed edge compute infrastructure.
Fiber optic networks and high-bandwidth connectivity linking data centers to each other and to users - metro, long-haul and subsea; excludes intra-cluster interconnects.
Massive cloud and AI data center campuses built by hyperscalers. Owners, operators and developers of hyperscale campuses; equipment and construction suppliers qualify as enablers.
Gas turbines, reciprocating engines, fuel cells and microgrids supplying primary or backup power to data-centre campuses. Distinct from Power Infrastructure, which covers UPS and distribution.
Generators, UPS systems and power distribution for data center reliability.
Nationally or jurisdictionally controlled AI factories, supercomputers, sovereign-cloud regions and government AI capacity. Includes operators and the critical system suppliers to such programmes; excludes general commercial cloud capacity with no material sovereign offering.
Bottleneck Tracker
Bottleneck details are part of the Pro plan.
Recent Discoveries
Recent discoveries are part of the Pro plan.