Computing & Data Center Infrastructure
Servers, networking, optics, storage, data-center operators, AI clouds and quantum computing.
Leadership as of 2026-10-27: Lagging. Relative to SPY: 5 sessions +2.5pp, 21 sessions −18.1pp, 63 sessions −2.2pp. Participation 11%; 44 of 48 members eligible.
- 21-session excess -18.1pp
- 63-session excess -4.4pp (robust)
Member companies
- NetApp, Inc. (NTAP)
- Penguin Solutions, Inc. (PENG)
- Everpure, Inc. (formerly Pure Storage, Inc.) (PSTG)
- Hewlett Packard Enterprise Company (HPE)
- Dell Technologies Inc. (DELL)
- Quantum Corporation (QMCO)
- Lumentum Holdings Inc. (LITE)
- Nebius Group N.V. (NBIS)
- Arista Networks, Inc. (ANET)
- NVIDIA Corporation (NVDA)
- Ciena Corporation (CIEN)
- DigitalOcean Holdings, Inc. (DOCN)
- Super Micro Computer, Inc. (SMCI)
- Equinix, Inc. (EQIX)
- Kopin Corporation (KOPN)
- Viavi Solutions Inc. (VIAV)
- Seagate Technology Holdings PLC (STX)
- Coherent Corp. (COHR)
- Digital Realty Trust, Inc. (DLR)
- Applied Optoelectronics, Inc. (AAOI)
- Corning Incorporated (GLW)
- Western Digital Corporation (WDC)
- Vertiv Holdings, LLC (VRT)
- Hut 8 Corp. (HUT)
- RUM Group Inc. (RUM)
- IPG Photonics Corporation (IPGP)
- AAON, Inc. (AAON)
- IonQ, Inc. (IONQ)
- LightPath Technologies, Inc. (LPTH)
- Celestica, Inc. (CLS)
- Quantum Computing Inc. (QUBT)
- POET Technologies Inc. (POET)
- TeraWulf Inc. (WULF)
- Rigetti Computing, Inc. (RGTI)
- CoreWeave, Inc. (CRWV)
- Core Scientific, Inc. (CORZ)
- Modine Manufacturing Company (MOD)
- Fabrinet (FN)
- IREN Limited (IREN)
- Applied Digital Corporation (APLD)
- New Era Energy & Digital, Inc. (NUAI)
- TSS, Inc. (TSSI)
- D-Wave Quantum Inc. (QBTS)
- Cipher Digital Inc. (CIFR)
- Clearfield, Inc. (CLFD)
- HIVE Digital Technologies Ltd (HIVE)
- Maase Inc. (MAAS)
- Syntec Optics Holdings, Inc. (OPTX)
Themes in this family
- Memory / Storage: Weakening — 21-session vs SPY −14.8pp, participation 25%
- AI Infrastructure: Lagging — 21-session vs SPY −13.8pp, participation 13%
- 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