U.S. Software Data Center (AI Picks and Shovels) Stocks

Shanghai Biren Technology

Market Cap: HK$88.4b

Operates as a graphics processing unit (GPU) developer that researches and develops general computing systems.

Nutanix

Market Cap: US$11.2b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

BYD Electronic (International)

Market Cap: HK$77.3b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Yuanjie Semiconductor Technology

Market Cap: CN¥65.2b

Yuanjie Semiconductor Technology Co., Ltd.

Shenzhen Techwinsemi Technology

Market Cap: CN¥65.2b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Yangtze Optical Fibre And Cable Limited

Market Cap: HK$71.2b

Engages in the production and sale of optical fiber preforms rods, optical fiber, and optical fiber cables in China and internationally.

Ruijie Networks

Market Cap: CN¥61.1b

Engages in the research and development, design, and sales of network equipment, network security products, and cloud desktop solutions in China and internationally.

QuantumCTek

Market Cap: CN¥60.4b

Engages in the research, development, production, and sale of quantum communication, computing, and precision measurement products in China.

Rigetti Computing

Market Cap: US$7.8b

Through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.

Yonyou Network TechnologyLtd

Market Cap: CN¥53.8b

Provides digital software and services to enterprises and public organizations in China and internationally.

InnoScience (Suzhou) Technology Holding

Market Cap: HK$59.9b

InnoScience (Suzhou) Technology Holding Co., Ltd.

Semtech

Market Cap: US$7.4b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

SICC

Market Cap: CN¥51.0b

Engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally.

Cipher Mining

Market Cap: US$7.0b

Develops and operates industrial-scale data centers in the United States.

Riot Platforms

Market Cap: US$6.4b

Operates as a Bitcoin mining company in the United States.

Jiangsu Hoperun Software

Market Cap: CN¥43.0b

Engages in financial technology, intelligent Internet of Things, and smart energy businesses in China, Japan, the United States, Singapore, and internationally.

Hut 8

Market Cap: US$6.0b

Operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America.

Jiangsu Etern

Market Cap: CN¥40.6b

Engages in the production and sales of optical cables and cables in China and internationally.

EverProX Technologies

Market Cap: CN¥40.1b

Researches and develops, produces, and sells integrated optoelectronic devices in the field of optical communications in China and internationally.

Fermi

Market Cap: US$5.6b

Fermi Inc., doing business as Fermi America, operates as an energy and hyperscaler development company purpose-built for artificial intelligence era.

Core Scientific

Market Cap: US$5.6b

Provides digital asset mining services in the United States.

Advanced Fiber Resources (Zhuhai)

Market Cap: CN¥38.8b

Engages in the research, design, development, production, and sale of fiber optic devices in China and internationally.

Ondas

Market Cap: US$5.3b

Provides private wireless, drone, and automated data solutions in the United States and internationally.

CIG Shanghai

Market Cap: CN¥36.8b

Engages in the research and development, production, and sale of edge computing, industrial interconnection, and high-speed optical module products in China and internationally.

Henan Shijia Photons Technology

Market Cap: CN¥36.3b

Henan Shijia Photons Technology Co., Ltd.

Keppel DC REIT

Market Cap: S$5.4b

Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia.

Silicon Motion Technology

Market Cap: US$4.0b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.

Vistance Networks

Market Cap: US$4.0b

Provides infrastructure solutions for communications, data center, and entertainment networks in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean, and Latin America.

MARA Holdings

Market Cap: US$4.0b

Operates as a digital asset technology company in the United States and Europe.

Qi An Xin Technology Group

Market Cap: CN¥26.8b

A cybersecurity company, provides cybersecurity products and services for government, enterprises, and other institutions in China and internationally.

CleanSpark

Market Cap: US$3.3b

Operates as a bitcoin mining company in the Americas.

ITI

Market Cap: ₹279.4b

Engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India.

TRS Information Technology

Market Cap: CN¥20.9b

Provides artificial intelligence, big data, and data security products and services in China.

Longshine Technology Group

Market Cap: CN¥20.1b

Operates technology company in China.

Southchip Semiconductor Technology(Shanghai)

Market Cap: CN¥18.3b

Engages in the research, design, development, and sale of analog and embedded chips in China and internationally.

Applied Optoelectronics

Market Cap: US$2.6b

Designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.