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Tech's ‘pick-and-shovel’ stocks are Al trade's next leg
Mint Ahmedabad
|December 31, 2025
The artificial intelligence (AI) trade is moving, and investors seeking cutting-edge ways to play it are snapping up technology “pick-and-shovel” stocks as massive cloud service providers pour billions into new data centres.
AI-linked power providers were among S&P 500's top 25.
(AFP)
Data storage firms dominated the S&P 500 Index in 2025, with Sandisk Corp. shares soaring almost 580% to make them the benchmark’s best performer, with Western Digital Corp. in second and Seagate Technology Holdings Plc in fourth. Meanwhile, AI-linked power providers and cable and fibre producers like Amphenol Corp., Corning Inc., NRG Energy Inc. and GE Vernova Inc. were among the top 25.
Cette histoire est tirée de l'édition December 31, 2025 de Mint Ahmedabad.
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