For Immediate Release
Chicago, IL – March 11, 2026 – Zacks Investment Research has identified key technology stocks poised for growth due to an influx of capital into AI infrastructure. In 2025, major tech firms including Microsoft, Alphabet, Amazon, Meta, and Oracle spent approximately $390 billion in capital expenditures (CAPEX) on AI, with expectations for 2026 spending to reach $515 billion and projections of $600 billion by 2027.
Highlighted companies include Micron and Sandisk, leading the supply of memory and storage critical for AI data centers, with Micron’s high-bandwidth memory already sold out for 2026. Additionally, Bloom Energy has a record backlog following a $5 billion deal to supply energy-efficient solutions for data centers, with earnings per share expected to grow 81% in 2026 and triple digits in 2027. IREN Ltd., focusing on AI infrastructure, has secured 50,000 Nvidia GPUs along with data center sites to meet escalating demand.
As the shift toward AI intensifies, these companies are positioned to benefit significantly from both rising CAPEX in AI infrastructure and intrinsic demand for associated technologies like memory, energy, and data centers.
