AI infrastructure rankings
Rank the AI build-out by capital expenditure, market cap, share price or today's move. Reported actuals are solid; forward guidance is dashed.
Prices updated Oct 9, 2026, 10:00 PM UTC
| # | Company | Capex | Market cap | Price | Day Δ | Capex / cap |
|---|---|---|---|---|---|---|
| 1 |  GOOGLAlphabet Inc. | $185.0B | $4.26T | $351.66 | +1.0% | 4.3% |
| 2 |  AMZNAmazon.com, Inc. | $130.0B | $2.82T | $262.43 | +3.3% | 4.6% |
| 3 |  BABAAlibaba Group Holding Limited | $126.9B | $266.9B | $111.37 | +5.4% | 47.6% |
| 4 |  MSFTMicrosoft Corporation | $115.9B | $3.97T | $535.07 | +2.4% | 2.9% |
| 5 |  METAMeta Platforms, Inc. | $80.0B | $1.83T | $718.67 | -0.3% | 4.4% |
| 6 |  ORCLOracle Corporation | $55.7B | $390.5B | $135.56 | -5.6% | 14.3% |
| 7 |  TSMTaiwan Semiconductor Manufacturing Company Limited | $45.0B | $2.35T | $453.31 | -1.0% | 1.9% |
| 8 |  MUMicron Technology, Inc. | $30.7B | $1.16T | $1,029.00 | -0.7% | 2.6% |
| 9 |  TAT&T Inc. | $20.8B | $152.0B | $22.18 | -9.8% | 13.7% |
| 10 |  CRWVCoreWeave, Inc. Class A Common Stock | $20.0B | $44.8B | $82.08 | +0.6% | 44.7% |
| 11 |  AAPLApple Inc. | $20.0B | $4.94T | $336.64 | -1.1% | 0.4% |
| 12 |  VZVerizon Communications Inc. | $17.5B | $173.9B | $41.65 | -8.7% | 10.0% |
| 13 |  INTCIntel Corp. | $14.6B | $528.1B | $104.70 | -2.2% | 2.8% |
| 14 |  DDominion Energy, Inc. | $12.6B | $54.2B | $61.64 | -0.2% | 23.3% |
| 15 |  TMUST-Mobile US, Inc. | $12.5B | $159.4B | $148.58 | -13.3% | 7.9% |
| 16 |  TCEHYTencent Holdings Limited | $12.0B | $492.0B | $54.60 | +3.6% | 2.4% |
| 17 |  TSLATesla, Inc. | $8.5B | $1.51T | $382.70 | +2.1% | 0.6% |
| 18 |  ETREntergy Corporation | $7.9B | $48.0B | $102.80 | +0.3% | 16.6% |
| 19 |  NVDANVIDIA Corporation | $6.0B | $5.55T | $229.28 | -0.5% | 0.1% |
| 20 |  BIDUBaidu, Inc. | $5.0B | $29.0B | $85.33 | +1.7% | 17.2% |
| 21 |  EQIXEquinix, Inc. | $4.3B | $101.2B | $1,026.06 | +1.5% | 4.3% |
| 22 |  NBISNebius Group N.V. | $4.1B | $53.1B | $221.07 | +0.6% | 7.7% |
| 23 |  JDJD.com, Inc. | $4.0B | $38.0B | $27.09 | +0.7% | 10.5% |
| 24 |  VSTVistra Corp. | $3.9B | $54.4B | $161.48 | +3.4% | 7.2% |
| 25 |  CEGConstellation Energy Corporation | $2.9B | $107.0B | $298.07 | +4.6% | 2.8% |
| 26 |  DELLDell Technologies Inc. | $2.6B | $389.4B | $586.28 | +2.0% | 0.7% |
| 27 |  HPEHewlett Packard Enterprise Company | $2.3B | $97.3B | $73.46 | +3.5% | 2.4% |
| 28 |  AMATApplied Materials, Inc. | $2.3B | $402.6B | $507.03 | -0.5% | 0.6% |
| 29 |  ASMLASML Holding N.V. | $1.6B | $686.2B | $1,780.34 | +0.6% | 0.2% |
| 30 |  CSCOCisco Systems, Inc. | $1.4B | $466.6B | $118.39 | +3.0% | 0.3% |
| 31 |  GEVGE Vernova Inc. | $1.3B | $267.6B | $1,004.73 | +0.5% | 0.5% |
| 32 |  NRGNRG Energy, Inc. | $1.1B | $22.8B | $107.97 | +1.6% | 5.0% |
| 33 |  IBMInternational Business Machines Corporation | $1.1B | $214.0B | $227.13 | +0.2% | 0.5% |
| 34 |  AMDAdvanced Micro Devices, Inc. | $974M | $991.6B | $608.10 | -2.0% | 0.1% |
| 35 |  LRCXLam Research Corporation | $966M | $398.7B | $318.84 | -0.5% | 0.2% |
| 36 |  NOWServiceNow, Inc. | $868M | $145.6B | $140.86 | +0.8% | 0.6% |
| 37 |  AVGOBroadcom Inc. | $623M | $1.72T | $361.54 | +0.4% | 0.0% |
| 38 |  CRMSalesforce, Inc. | $594M | $187.7B | $229.13 | +0.6% | 0.3% |
| 39 |  ARMArm Holdings plc American Depositary Shares | $545M | $294.0B | $275.29 | -6.5% | 0.2% |
| 40 |  KLACKLA Corporation | $376M | $255.5B | $195.57 | -0.6% | 0.1% |
| 41 |  MRVLMarvell Technology, Inc. | $354M | $241.1B | $275.28 | +0.2% | 0.1% |
| 42 |  VRTVertiv Holdings Co | $226M | $93.5B | $242.78 | -0.4% | 0.2% |
| 43 |  SMCISuper Micro Computer, Inc. | $162M | $27.1B | $41.86 | -2.1% | 0.6% |
| 44 |  ANETArista Networks, Inc. | $120M | $272.9B | $216.74 | +2.7% | 0.0% |
| 45 |  DLRDigital Realty Trust, Inc. | — | $66.1B | $178.76 | +1.5% | 0.0% |