TODAYMEMORY +5.3%SEMI EQUIPMENT +5.3%DC / NEOCLOUDS +5.3%OPTICAL +5.2%SEMI MATERIALS +4.9%PACKAGING +4.5%AI SOFTWARE -2.5%POWER GEN -3.5%
Sector

Data Centers & GPU Clouds

The landlords and rental fleets of the AI era — buildings full of GPUs, rented by the hour.

As of close, Sep 18, 2026
Today▲ 5.3%
1 Month▲ 0.2%
1 Year▲ 46%
Tracked5 names

The companies in this sector

Sorted by one-month move. “Vs target” compares the current price with the mean analyst price target — a figure from analysts, not from us.

CompanyPrice · todayThe latest closing price, and how far it moved from the previous close in dollars and percent.1 MonthPrice change since the last close on or before the same date one month ago — a calendar month, not 21 trading days.1 YearPrice change since the last close on or before the same date one year ago.Vs targetHow far the price sits below the average of analysts’ published 12-month price targets. Negative means the price has already risen past that average.Analysts’ figures, not ours. Not a forecast we make or endorse.
CIFRCipher Mining$18.34+$1.40 (+8.26%)▲ 13.9%▲ 55%▲ 73%$22 … $69
IRENIREN$46.68+$3.20 (+7.36%)▲ 11.1%▲ 29%▲ 69%$43 … $131
APLDApplied Digital$28.12+$1.74 (+6.60%)▼ 1.4%▲ 41%▲ 157%$38 … $109
NBISNebius$223.54+$5.55 (+2.55%)▼ 10.0%▲ 138%▲ 30%$144 … $415
CRWVCoreWeave$81.36+$1.48 (+1.85%)▼ 12.7%▼ 33%▲ 78%$39 … $317

As of close, Sep 18, 2026 · prices from Yahoo Finance

Data: daily close · Reporting, not recommendations · Not financial advice.

What this sector actually does

This sector covers the landlords and rental fleets of the AI era: operators that own facilities and lease space, and newer firms that buy accelerators and rent them by the hour.

The two models look similar but carry different risk. Facility operators sign long leases against long-lived assets. Accelerator renters hold hardware that depreciates quickly and must keep it utilised at good prices to earn a return — a business that is highly sensitive to how long each chip generation stays competitive.

What moves it: contracted capacity, customer concentration, financing costs, and the useful life assumed for hardware.

Common questions

What is a neocloud?

A cloud provider specialising in renting AI accelerators, rather than offering the full suite of services a traditional cloud does. The pitch is availability and price for compute specifically.

Why does depreciation matter so much here?

The hardware is expensive and its earning power depends on staying competitive. Assumptions about how many years a chip remains rentable at a given price materially change the economics.

Why do some crypto miners appear in this sector?

Several had power contracts, land and electrical infrastructure already in place and converted sites to AI hosting. Coverage here focuses on those with genuine AI hosting operations rather than pure mining.

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