AI power stocks: electricity, cooling and data centres
What data centres need beyond chips: electricity, cooling and floor space. 19 symbols, each with a line on what it is.
AI data centres use a great deal of electricity, and the chips inside them need cooling and a building to sit in. This list follows that side of AI rather than the chips themselves. The short version holds makers of power and cooling equipment for data centres, gas turbines and grid equipment, power generators, among them a nuclear plant operator, and a builder of power lines. The full version adds more generators, fuel cells for on-site power, grid batteries, a European maker of power equipment, and a data centre section: companies that rent out AI computing, build data centres, own them as landlords, or make the servers that go inside. Each row says in a few words what the company does. For the chips themselves, see the AI and Semis lists.
Open AI power in MChart for a chart of every row, free and with no sign-up.
Short version
- Vertiv Power and cooling for data centres. VRT · US
- Eaton Electrical equipment. ETN · US
- GE Vernova Gas turbines and grid equipment. GEV · US
- Constellation The largest US nuclear plant operator. CEG · US
- Vistra US power generation. VST · US
- Quanta Services Builds power lines. PWR · US
Power
- Talen US power generation. TLN · US
- NRG Energy US power generation. NRG · US
- Bloom Energy Fuel cells for on-site power. BE · US
- Fluence Grid batteries. FLNC · US
- Schneider Electric Power equipment and automation. SU.PA · Paris
Data centres
- CoreWeave Rents out AI computing. CRWV · US
- Nebius Rents out AI computing. NBIS · US
- IREN Bitcoin miner moving into AI computing. IREN · US
- Applied Digital Builds AI data centres. APLD · US
- Digital Realty Data centre landlord. DLR · US
- Equinix Data centre landlord. EQIX · US
- Dell AI servers. DELL · US
- Super Micro AI servers. SMCI · US
Related lists
- AI The whole chain in one list: chips, memory, cloud and power. Semis and AI power go deeper.
- Semis From chip design to manufacturing and memory.
- Nuclear Uranium, fuel and reactor builders.
- Energy Oil and gas prices, the producers, and renewables.
Reviewed by hand on 2026-11-01, when every symbol was checked against its listing. For information, not investment advice. About MChart