Zacks Picks 4 Cloud Stocks for AI Demand as Market Seen Reaching $3.35 Trillion by 2033
Updated
Updated · Zacks Investment Research · May 21
Zacks Picks 4 Cloud Stocks for AI Demand as Market Seen Reaching $3.35 Trillion by 2033
5 articles · Updated · Zacks Investment Research · May 21
Zacks highlighted four cloud-computing names—Alphabet, Microsoft, Arista Networks and Ciena—as positioned to benefit from rising AI and machine-learning infrastructure demand.
The call rests on cloud’s role as the backbone for AI workloads and on forecasts from Grand View Research that the market will expand to $3,349.6 billion by 2033 from $943.7 billion in 2025, a 16% CAGR.
Alphabet and Microsoft were cited for the scale of Google Cloud and Azure, with Google Cloud spanning 43 regions and 130 availability zones and Azure available in more than 60 announced regions.
Arista and Ciena were framed as network-infrastructure beneficiaries: Arista through cloud networking software and switching platforms, and Ciena through optical systems such as WaveLogic 6 Extreme, which supports 1.6 terabits per second per wavelength.
Zacks assigned Ciena its highest ranking among the four at #1, while Arista was rated #2 and Alphabet and Microsoft were both ranked #3.
Beyond Google and Microsoft, who are the hidden infrastructure players set to profit from the AI cloud boom?
As AI data centers outpace the power grid, will on-site generation become the new industry standard?
AI's extreme heat is forcing a data center revolution. Can liquid cooling solve the energy crisis it creates?