【summary】
AI data center related stocks are a group of companies involved in AI servers, semiconductors, electric power, air conditioning, construction, communication equipment, etc.
As demand for AI grows, computational resources and power infrastructure become more important.
| Field | Companies to see |
|---|---|
| Semiconductors | GPU, memory, manufacturing equipment |
| Server | AI server, parts |
| Electricity | Power generation, transmission and distribution, renewable energy |
| Air conditioning | Cooling equipment |
| Construction | Data center construction |
| Communication | Optical line, network |
We don't just buy based on the theme name, we look at companies that actually lead to orders and profits.
Why is electricity important?
AI data centers use large amounts of electricity.
Therefore, investment themes include not only semiconductors but also power supply, substation equipment, cooling, land, and communication lines.
Power costs and power transmission constraints may be a condition for data center location.
Points to look at when investing
| Items to see | Reason |
|---|---|
| Contribution to sales | Is AI-related really that big? |
| Order backlog | Is it a temporary topic or continuous demand |
| Profit margin | Will profits remain even if sales increase |
| Capital investment | Is the payback period long |
| Regulations/Electricity | Location and environmental constraints |
Even for companies that are said to be AI-related, the actual contribution to performance may be small.
summary
AI data center related stocks are a theme that extends beyond semiconductors to power, air conditioning, construction, and communications.
While stock prices tend to rise due to anticipation, it takes time for them to be reflected in business results.
Let's check the theme, orders, profit margin, and power constraints separately.
Reference
- Ministry of Economy, Trade and Industry "Semiconductor/Digital Industrial Strategy"
- Agency for Natural Resources and Energy