2 Artificial Intelligence (AI) Stocks Poised to Run in 2026 and Beyond
2 Artificial Intelligence (AI) Stocks Poised to Run in 2026 and Beyond
Publish Date: 2026-01-15 03:05:00
Source Domain: www.theglobeandmail.com
-
Data Center Spending: Anticipated global data center spending is projected to reach $7 trillion by 2030 according to McKinsey, creating significant investment opportunities in related sectors.
-
AMD Growth Potential: Advanced Micro Devices (AMD) is expected to grow at a 35% compound annual rate in revenue over the next three to five years, driven by deals like the $100 billion agreement with OpenAI and partnerships with companies like Oracle.
-
Hut 8’s Data Center Deal: Hut 8 has signed a substantial $17.7 billion deal with Anthropic for data center capacity, highlighting the increasing value of data center infrastructure and potential for Hut 8’s stock to appreciate further.
-
Capital Expenditures: Leading data center operators are planning to spend over $500 billion in 2026 on capital expenditures, an investment wave that is likely to grow substantially, meeting high demand for compute power.
-
AI Infrastructure Demand: The rapidly growing demand for artificial intelligence infrastructure is creating opportunities for companies like AMD and Hut 8 to supply essential technologies and capacity to meet this demand.
-
AMD’s Market Position: With a solid roadmap including new products like the MI500 GPU targeting a $1 trillion market for AI chips, AMD is well-positioned for significant revenue growth and promising returns.
-
Hut 8’s Strategic Investments: Hut 8 shows strong financial health with a solid balance sheet and partnerships with major financial institutions, allowing it to scale up its data center capacity without overburdening its debt.
-
Investment Opportunity: Despite high current valuation, AMD and Hut 8 are expected to continue outperforming due to their strategic importance in data infrastructure and strong financial positions.
