In this piece, we discuss the 10 Best AI Data Center Stocks to Buy Now.
The surge in AI data center buildout continued in late January, with demand signals extending beyond Nvidia’s flagship processors. On January 28, 2026, Reuters reported that chipmakers’ shares rose amid renewed demand for AI data center hardware, with Texas Instruments citing strength in power management and signal conversion chips, both of which are essential in data centers.
Meanwhile, new capital spending tied to the physical expansion of AI infrastructure is dominating the headlines. On January 26, 2026, Reuters reported Nvidia’s $2 billion investment in CoreWeave to further add to the capacity of U.S. data centers. CoreWeave aims to achieve 5 gigawatts of capacity by 2030 and will use the funds received for infrastructure requirements, such as procuring land and power.
Reuters warned that risks remain despite strong long-term visibility. Among several macro-level and sector-driven headwinds, the report cited persistent memory shortages, geopolitical uncertainty, and exposure to trade and tariffs as key risks. At the same time, sector-wide earnings continue to gain from the AI boom. Reuters cited LSEG data showing that U.S. technology earnings were projected to grow by roughly 27% in the fourth quarter, while the broader S&P 500 was predicted to rise 9.2%. This reflects the massive contribution AI-related players make to corporate profits.
With this background in mind, we will now look at the best AI data center stocks to buy now.
Our Methodology
To create our list of the 10 best AI data center stocks to buy now, we relied on the financial media to extract a list of all AI data center stocks. Next, we selected stocks with strong analyst sentiment and with at least 15% upside potential, as of January 30, 2026. From this pool, we focused on stocks with the best hedge fund sentiment using Insider Monkey’s hedge fund database, which tracks 978 stocks as of Q3 2025. Our list is sorted in ascending order by each stock’s upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. Digital Realty Trust, Inc. (NYSE:DLR)
Upside Potential: 17.51%
Number of Hedge Fund Holders: 43
Digital Realty Trust, Inc. (NYSE:DLR) confirmed on January 19, 2026, that it will be entering Malaysia by acquiring CSF Advisers, the owners of the TelcoHub 1 data center in Cyberjaya, a major hub for Greater Kuala Lumpur. Supported by over 6,000 fiber cores, the operational facility offers 1.5 megawatts of IT load. The facility, one of Malaysia’s most network-dense locations, houses more than 40 network service providers, offering accessibility to key platforms including AWS, Google, MY IX, and DE-CIX ASEAN.
To create a clear runway for growth, Digital Realty Trust, Inc. (NYSE:DLR) plans to acquire land adjacent to the data center to accommodate up to 14 megawatts of additional capacity. The closing of the deals is anticipated in the first half of 2026.
Amid AI- and cloud-driven workload advancements, the Malaysian campus will be incorporated into Digital Realty Trust, Inc. (NYSE:DLR)’s PlatformDIGITAL and feature ServiceFabric. With this, the company will work on improving interconnectivity, scalability, and regional reach throughout Southeast Asia.
On January 14, 2026, Scotiabank reduced its price target for Digital Realty Trust, Inc. (NYSE:DLR) from $206 to $189 while maintaining its ‘Outperform’ rating. The update came as part of the firm’s revisit to its U.S Real Estate & REITs coverage ahead of the Q4 earnings season. The firm believes that buy-side sentiment is improving in two subsectors, Self-Storage and Multifamily, and that both are unlikely to fall short of FY26 estimates.
Digital Realty Trust, Inc. (NYSE:DLR), a data center REIT, offers colocation, interconnection, and dark fiber infrastructure to network carriers, cloud providers, and firms supporting AI, cloud computing, and digital transformation worldwide.
9. American Tower Corporation (NYSE:AMT)
Upside Potential: 19.92%
Number of Hedge Fund Holders: 75
As of January 30, 2026, over 70% of analysts remain bullish on American Tower Corporation (NYSE:AMT), implying a 19.92% upside potential.
On January 20, 2026, UBS maintained its Buy rating on American Tower Corporation (NYSE:AMT) and lowered its price target from $260 to $254, citing a favorable risk-reward outlook for tower companies in 2026.
Similarly, on January 14, American Tower Corporation (NYSE:AMT)’s ‘Outperform’ rating was reiterated by Scotiabank analyst Maher Yaghi, who also lowered the firm’s price target from $248 to $220.
Scotiabank’s revised target on American Tower Corporation (NYSE:AMT) came as part of the U.S. real estate and REITs outlook, ahead of Q4 results. Meanwhile, the firm’s favorable 2026 projections stem from strong investor demand for multifamily and self-storage assets.
In addition, on January 12, JPMorgan continued to rate American Tower Corporation (NYSE:AMT) Overweight. At the same time, the price target for the stock was lowered from $250 to $245 due to concerns associated with EchoStar. These headwinds are expected to adversely affect the tower business segment.
American Tower Corporation (NYSE:AMT) focuses on managing a portfolio of multitenant communications infrastructure assets and providing colocation services, serving as a tenant-neutral host. The company owns and operates data centers through its subsidiary CoreSite.
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