(Micron)
Surging on data center demand, particularly high-bandwidth memory for AI training and inference.  Already on your watchlist — the cycle is turning hard.
8.
(Rackspace Technology)
Up 165%+ in May alone on AI infrastructure partnership announcements  — one of the hottest neocloud/AI infra names this month. Small-cap, high-beta, fits your thesis.
9.
(Innodata)
Triple-digit gains in May on LLM data contracts  — riding the AI data pipeline wave. Pure-play AI data services at a fraction of the valuation of bigger names.
10.
(Broadcom)
Supplying custom silicon (ASICs) and networking silicon to hyperscalers  — increasingly the “picks and shovels” winner as big tech builds proprietary AI chips.
Theme of this market: AI infrastructure capex is the engine. Memory, power, custom silicon, and neoclouds are the high-beta expressions. Energy names like
10 long term bets
$CRDO — Credo Technology | High-speed AEC interconnects powering AI data centers. Sticky design wins with hyperscalers. Underowned, undervalued.
$MRVL — Marvell Technology | Custom AI silicon + data center networking. ASIC tailwinds from Amazon, Google, Microsoft. Long runway ahead.
$MXL — MaxLinear | High-speed optical & broadband chips. optical networking demand is accelerating fast.
$AAOI — Applied Optoelectronics | 400G/800G transceivers for hyperscalers. Pure-play on the AI optical boom. Small cap, big leverage.
$AXTI — AXT Inc. | Makes the InP & GaAs substrates photonics runs on. The picks-and-shovels play nobody’s talking about.
$INOD — Innodata | AI data services powering enterprise AI pipelines. Profitable, growing, and still flying under the radar.
$RKLB — Rocket Lab | Full space stack — launch + spacecraft. The most execution-focused name in the entire space sector.
$IREN — IREN Ltd. | Pivoting hard into AI cloud compute. Low-cost power + GPU infrastructure = serious optionality.
$IONQ — IonQ | Trapped-ion quantum computing. Early innings, but government contracts + commercial deals are stacking up.
$OKLO — Oklo | Micro-fission nuclear reactors purpose-built for the AI power crisis. Long-duration, asymmetric upside.
Not financial advice.
$INOD - long term potential.
just dropped a monster Q1 — revenue hit $90.1M, up 54% YoY, with Adjusted EBITDA nearly doubling to $25M and EPS of $0.42 crushing the $0.23 estimate by 82%  — and the story is only getting bigger: a Big Tech customer that generated zero revenue 12 months ago is now on track to become their second-largest customer this year, anchored by a $51M engagement, while aggregate revenue from other tech customers exploded 453% YoY  — this isn’t a one-customer story anymore. Full-year 2026 revenue growth guidance was raised to 40%+ from 35%+, with management noting potential upside as additional programs not yet in the forecast convert and scale.  Add in the US Missile Defense Agency SHIELD contract, Palantir partnership for government AI, and a newly launched Evaluation & Observability Platform, and $INOD is quietly building a moat across the three most durable AI spending pockets — hyperscaler model training, trust & safety, and defense/government — while trading at a significant discount to its 52-week high of $93.85. The picks-and-shovels of AI don’t always get the hype, but the numbers are doing the talking.
Not financial advice.
