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Cloud & Hyperscalers AI Stocks

Cloud and hyperscaler AI stocks are the platforms delivering AI compute, models, and services at global scale. They are simultaneously the biggest buyers in the buildout, whose capital spending funds the entire supply chain, and sellers of AI capability through cloud services, which makes them the cycle's central actors.

Market Cap

$21.65T

AI-Exposed Cap

$16.05T

24h Change

-1.69%

7d Change

+3.32%

Stocks

41

Market data as of the close on . Prices are end of day, not live.

Cloud & Hyperscalers stocks ranked by market cap, with price, 24 hour and 7 day change, and AI Exposure Score
#
Name
Price
24h
7d
Market Cap
Volume (24h)
7d Chart
1
N
NVDA
$225.51-1.47%+5.43%$5.45T$19.6B
2
G
GOOGL
$337.83-3.80%-1.47%$4.13T$11.9B
3
M
MSFT
$500.59+0.52%+2.10%$3.72T$9.7B
4
A
AMZN
$249.27-2.24%+1.35%$2.69T$10.9B
5
A
AVGO
$354.99-2.62%+4.75%$1.69T$8.0B
6
A
AMD
$614.61-1.47%+19.92%$1.00T$10.0B
7
T
TCEHY
$55.91+0.11%+0.22%$530.00B$54.8M
8
O
ORCL
$144.56-3.11%+0.98%$437.11B$3.2B
9
C
CSCO
$106.43-0.01%-1.22%$419.61B$1.9B
10
B
BABA
$110.80-4.74%+3.29%$275.41B$1.3B
11
S
SFTBY
$21.08-2.63%+4.93%$240.27B$9.1M
12
M
MRVL
$260.90-0.56%+13.58%$234.47B$3.5B
13
I
IBM
$232.76+0.36%-6.28%$219.29B$1.1B
14
N
NET
$352.33+0.19%+7.67%$125.46B$1.0B
15
S
SNOW
$334.81-1.35%+3.66%$118.12B$1.4B
16
D
DDOG
$251.49+2.63%+9.22%$90.30B$683.5M
17
N
NTAP
$196.33-0.92%+3.37%$38.56B$325.6M
18
M
MDB
$428.36+5.17%+13.42%$34.45B$510.6M
19
R
RBRK
$115.57+2.31%+11.61%$23.79B$326.3M
20
M
MTSI
$275.84-1.17%+14.92%$21.07B$307.2M
21
T
TWLO
$290.70+9.26%+20.04%$20.50B$1.2B
22
N
NTNX
$69.68-0.51%+2.49%$18.85B$128.1M
23
A
AKAM
$118.44+0.88%+12.37%$17.02B$463.0M
24
D
DT
$58.51+3.74%+6.05%$16.98B$451.0M
25
D
DOCN
$141.21-3.39%+19.82%$16.60B$303.3M
26
S
SMTC
$169.33-4.53%+12.21%$15.80B$643.9M
27
E
ESTC
$91.28+1.75%+7.19%$9.58B$138.8M
28
D
DBX
$34.22-4.97%-9.06%$7.44B$174.4M
29
L
LUMN
$6.13-5.11%-10.25%$6.32B$59.4M
30
F
FSLY
$29.65+13.69%+25.96%$4.72B$886.7M
31
B
BOX
$32.76-2.53%-5.86%$4.49B$64.6M
32
A
AVPT
$13.12-1.80%-3.49%$2.78B$11.0M
33
P
PENG
$53.88-1.88%+13.43%$2.76B$81.8M
34
K
KD
$12.11-0.74%-8.53%$2.64B$33.9M
35
V
VIAV
$36.43+0.08%+5.69%$2.20B$248.8M
36
C
CALX
$34.54-2.48%-2.70%$2.17B$35.5M
37
V
VICR
$283.16+26.47%+53.92%$1.85B$454.9M
38
V
VSAT
$73.68-3.53%+4.35%$1.70B$125.9M
39
P
POET
$7.80-4.53%+5.41%$1.35B$62.1M
40
S
SIFY
$13.73-2.49%+0.44%$994.53M$275.7K
41
A
API
$4.33+0.12%+9.34%$366.10M$666.2K
Showing 1 to 41 of 41 stocks

Frequently asked questions

Are hyperscalers a way to invest in AI or a bet against the suppliers?

Both sides of the ledger live in one company: they spend enormous capex, which pressures near-term margins, and they own the customer relationships and infrastructure that monetize AI. Their capex guidance, tracked line by line on the Buildout Tracker, is also the single best indicator of where the whole cycle is heading.

How much are hyperscalers spending on AI?

Collectively, hundreds of billions of dollars per year and rising, per their own earnings-call guidance. The Buildout Tracker keeps the current trailing-year total, per-company guidance, and the source filing for each row, updated as new guidance lands.

New to the framework? The Start Here guide walks the whole buildout layer by layer, including where Cloud & Hyperscalers fits.

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