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 Aug 24, 2026, 10:01 PM UTC
| # | Company | Capex | Market cap | Price | Day Δ | Capex / cap |
|---|---|---|---|---|---|---|
| 1 |  NBISNebius Group N.V. | $4.1B | $50.6B | $210.91 | -3.8% | 8.0% |
| 2 |  TSMTaiwan Semiconductor Manufacturing Company Limited | $45.0B | $2.13T | $410.12 | -2.1% | 2.1% |
| 3 |  ASMLASML Holding N.V. | $1.5B | $670.7B | $1,740.13 | -1.3% | 0.2% |
| 4 |  ARMArm Holdings plc American Depositary Shares | $545M | $255.0B | $238.78 | -1.9% | 0.2% |