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

AXT

Market Cap: US$2.5b

Designs, develops, manufactures, and distributes compound and single element semiconductor substrates.

Navitas Semiconductor

Market Cap: US$2.5b

Designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.

Southchip Semiconductor Technology(Shanghai)

Market Cap: CN¥17.0b

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

CleanSpark

Market Cap: US$2.4b

Operates as a bitcoin mining company in the Americas.

Freshworks

Market Cap: US$2.3b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

NextNav

Market Cap: US$2.3b

Provides positioning, navigation, and timing (PNT) solutions in the United States.

Shenzhen SDG Information

Market Cap: CN¥15.2b

Manufactures and sells fiber- optic cable, wiring network equipment, and communication equipment in the People’s Republic of China and internationally.

SinosoftLtd

Market Cap: CN¥15.1b

Engages in the research and development of computer software, applications, and services in China and internationally.

Browave

Market Cap: NT$67.7b

Engages in the design, manufacture, and sale of optical fiber communication components in Taiwan and internationally.

Socionext

Market Cap: JP¥313.3b

Designs, develops, manufactures, and sells system-on-chip (SoC), and solutions/services centering on SoC worldwide.

Extreme Networks

Market Cap: US$2.0b

Develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Axera Semiconductor

Market Cap: HK$15.3b

Provides artificial intelligence perception and edge computing chips in Mainland China, Hong Kong, Indonesia, South Korea, and Australia.

Digi International

Market Cap: US$1.9b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

C*Core Technology

Market Cap: CN¥12.1b

A chip design company, offers IP authorization, chip customization, and independent chip and module products in China.

Hangzhou DPtech TechnologiesLtd

Market Cap: CN¥11.3b

Together with its subsidiary, Hangzhou Deepin Information Technology Co., Ltd., engages in the network security related businesses in China, Hong Kong, and internationally.

Karooooo

Market Cap: US$1.5b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

Guangdong Shenglu Telecommunication Tech

Market Cap: CN¥9.9b

Guangdong Shenglu Telecommunication Tech.

EmbedWay Technologies (Shanghai)

Market Cap: CN¥9.8b

Engages in the provision of network visibility, intelligent system platforms, and intelligent computing solutions and services in China.

Phoenix Group

Market Cap: د.إ5.2b

Provides crypto and cloud mining services in the United Arab Emirates, Oman, CIS countries, Canada, the United States, and internationally.

Bitfarms

Market Cap: CA$1.8b

Operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina.

Shaanxi Fenghuo Electronics

Market Cap: CN¥9.2b

Researches, produces, and sells of communications and electroacoustic equipment in China.

u-blox Holding

Market Cap: CHF 1.0b

Develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive and transport, healthcare, asset tracking and management, industrial automation and monitoring, and consumer markets.

Tansun Technology

Market Cap: CN¥8.9b

Provides information technology (IT) solutions and services for financial industry customers in China and internationally.

Planisware SAS

Market Cap: €1.1b

Operates as a business-to-business software-as-a-service provider in Europe, North America, the Asia-Pacific, and internationally.

Five9

Market Cap: US$1.3b

Provides intelligent cloud software for contact centers in the United States and internationally.

Sinodata

Market Cap: CN¥8.7b

Engages in application software development and the provision of technical services and related computer information system integration services in China and internationally.

Faraday Technology

Market Cap: NT$40.0b

Operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider in China, Taiwan, Japan, the United States, and internationally.

Sumavision TechnologiesLtd

Market Cap: CN¥8.5b

Provides video delivery solutions for broadcast, cable, satellite, internet, and mobile and telco video service in China and internationally.

Beijing SuperMap Software

Market Cap: CN¥8.4b

Provides geographic information system and spatial intelligence software products and services in China and internationally.

NSFOCUS Technologies Group

Market Cap: CN¥8.1b

Provides Internet and application security services in China and internationally.

POET Technologies

Market Cap: US$1.1b

Designs, develops, manufactures, and sells semiconductor products and services for commercial applications in the United States, Canada, Singapore, and China.

74Software

Market Cap: €973.4m

Operates as a software company in France.

Radware

Market Cap: US$1.1b

Develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data canters.

Qiming Information TechnologyLtd

Market Cap: CN¥7.3b

Provides enterprise digital operation, smart car and intelligent connectivity, and cloud solutions primarily in China.

NTT DC REIT

Market Cap: US$994.2m

Primarily invests in data center assets owned and operated by NTT DATA.

Ituran Location and Control

Market Cap: US$994.0m

Provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, and internationally.