In a podcast, Motley Fool analysts discuss the data center buildout, risks of “overbuild,” and investment opportunities. Data center vacancies are at all-time lows, with demand outstripping supply. Companies like HPE, Sterling Infrastructure, and Schneider Electric are benefiting from the data center boom without being overexposed.

Investors can find exposure to the data center buildout through companies like HPE, which provides high-powered computer systems for AI and hyperscalers. Other picks and shovels plays include reads like Digital Realty Trust and Equinix, as well as companies like Comfort Systems and Emcore, which specialize in HVAC applications and electrical plumbing for data centers.

Schneider Electric, a French company known for its Square D line of electric gear, is also capitalizing on the data center boom by providing power panels and switches essential for data centers. With a modest valuation and a strong presence in the American market, Schneider Electric offers an opportunity for investors looking to benefit from the data center growth.

Read more at Nasdaq: For Data Centers, Power Is the New Real Estate