AI Infrastructure
Servers, networking and systems that make up AI data-center capacity.
Leadership as of 2026-10-27: Lagging. Relative to SPY: 5 sessions +2.8pp, 21 sessions −13.8pp, 63 sessions +5.4pp. Participation 13%; 16 of 17 members eligible.
- 21-session excess -13.8pp
- 63-session excess -0.5pp (robust)
Economic family: Computing & Data Center Infrastructure
Member companies
- Penguin Solutions, Inc. (PENG)
- Everpure, Inc. (formerly Pure Storage, Inc.) (PSTG)
- Hewlett Packard Enterprise Company (HPE)
- Dell Technologies Inc. (DELL)
- Arista Networks, Inc. (ANET)
- NVIDIA Corporation (NVDA)
- DigitalOcean Holdings, Inc. (DOCN)
- Super Micro Computer, Inc. (SMCI)
- Seagate Technology Holdings PLC (STX)
- Western Digital Corporation (WDC)
- Vertiv Holdings, LLC (VRT)
- RUM Group Inc. (RUM)
- AAON, Inc. (AAON)
- Celestica, Inc. (CLS)
- Modine Manufacturing Company (MOD)
- TSS, Inc. (TSSI)
- Maase Inc. (MAAS)
Related themes
- Memory / Storage: Weakening — 21-session vs SPY −14.8pp, participation 25%
- Optical / Photonics: Lagging — 21-session vs SPY −13.8pp, participation 8%
- Data Centers / HPC: Lagging — 21-session vs SPY −27.0pp, participation 6%
- Quantum Computing: Tracked (too few stocks for a leadership state) — 21-session vs SPY −24.4pp, participation 0%
- Neo Clouds: Exposure tag