10 Best Small-Cap Data Center Cooling Stocks to Buy

8. New Era Energy & Digital, Inc. (NASDAQ:NUAI)

Number of Hedge Funds: 17

New Era Energy & Digital, Inc. (NASDAQ:NUAI) is one of the best small-cap data center cooling stocks to Buy. On May 28, New Era Energy & Digital announced a pending agreement that would lead to the dismissal of the company from the State of New Mexico’s lawsuit tied to legacy helium and gas assets. The company said the settlement does not include any admission of liability and that it remains focused on advancing its AI data-center strategy.

The development is relevant because New Era is still an early-stage, high-risk infrastructure developer, so legal and balance-sheet clarity matter for execution. Its cooling exposure comes through Texas Critical Data Centers, a 438-acre AI and high-performance computing campus near Odessa, Texas. New Era describes the project as a large-scale, phased development built around powered land, powered shells, flexible behind-the-meter power, water efficiency, and modular data-center deployment. That gives the stock a speculative site-development angle tied to the power, water, and thermal constraints around AI infrastructure.

New Era Energy & Digital, Inc. (NASDAQ:NUAI) develops next-generation digital infrastructure and integrated power assets, including large-scale AI and high-performance computing data-center campuses in energy-rich U.S. markets.