5 AI Stocks Offer Massive Upside as Data Center Spending Eyes $3 Trillion by 2030
Updated
Updated · The Motley Fool · May 22
5 AI Stocks Offer Massive Upside as Data Center Spending Eyes $3 Trillion by 2030
5 articles · Updated · The Motley Fool · May 22
$3 trillion to $4 trillion in annual data center spending by 2030 underpins the latest bullish case for five AI names: Nvidia, Broadcom, Micron, Nebius and CoreWeave.
Nvidia and Broadcom sit closest to the chip build-out, with Nvidia still dominating high-end AI processors and Broadcom targeting $100 billion in 2027 revenue from custom AI chips for hyperscalers.
Micron is pitched as a shortage winner because AI memory demand is expected to triple from 2025 to 2028, helping support pricing and Wall Street forecasts for 193% revenue growth this year.
Nebius and CoreWeave extend the thesis into AI cloud capacity: Nebius posted 684% Q1 revenue growth, while CoreWeave grew 112% to $2.1 billion and reported nearly $100 billion in backlog.
The common thread is constrained AI infrastructure supply across chips, memory and cloud capacity, making the current build-out a long-duration investment theme rather than a short-term trade.
Is the AI infrastructure boom a genuine revolution or the next great financial bubble poised to burst?
As AI's thirst for power grows, will the global energy grid become the ultimate bottleneck for innovation?