Artificial intelligence (AI) is becoming more advanced, which means explosive growth in data centers.
Tech leaders gathered at the White House to announce the Stargate Project. This is a new venture that plans to invest $500 billion over the next four years on AI infrastructure and data centers.
Investing in AI can be approached through chip producers, energy infrastructure, and data centers, with the latter being relatively underinvested and offering growth potential. Global X Data Center and Digital Infrastructure ETF is undervalued compared to peers, providing a unique opportunity for retail investors. Data centers are crucial for AI deployment, and the demand for AI-ready infrastructure is projected to grow 33% annually from 2023 to 2030.
The Global X Data Center & Digital Infrastructure ETF offers exposure to the essential digital infrastructure sector, including data centers and cell towers. DTCR focuses on REITs and infrastructure companies, providing steady income and growth potential from the expanding digital economy. The fund's global allocation, primarily in the U.S., also includes key markets like China, Singapore, and Australia, enhancing growth opportunities.
Real Estate ETFs have been hovering around a 52-week high lately.
For investors seeking momentum, Global X Data Center & Digital Infrastructure ETF DTCR is probably on the radar. The exchange traded fund (ETF) just hit a 52-week high and is up 41% from its 52-week low price of $11.86/share.
The demand for data center REITs and related ETFs has increased in recent years, thanks to the rapid growth of cloud computing, artificial intelligence, and heavy reliance on digital infrastructure.