Global X predicts a 14% annual expansion in data centers until 2030, requiring an additional 100 GW of capacity. AI workloads represent a quarter of current demand, with inference tasks surpassing training tasks for the first time. Companies are strategically locating data centers for energy efficiency and reduced latency. This growth benefits chipmakers, energy infrastructure, and memory chip providers. Amazon (AMZN) stock, currently trading at a discounted valuation, is expected to see significant EPS growth by 2028. Broadcom (AVGO) and Nvidia (NVDA) are also poised for growth in the AI infrastructure market, with analysts bullish on both stocks.

Read more at Barchart: 3 Data Stocks to Buy as Experts Call for Massive Growth Ahead