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Investing.com -- Barclays has identified more than 400 companies positioned to benefit from the digital and power infrastructure buildout supporting artificial intelligence data centers, as hyperscaler capital expenditure expectations rise.
The firm’s analysis highlights key electrical equipment manufacturers providing essential components for large-scale AI operations.
The following U.S. electrical equipment stocks rank among the top picks in the sector:
1. GE Vernova - The company manufactures gas turbines, high-voltage switchgear, and HVDC systems used to power and connect large-scale AI data centers. These products form the backbone of electrical infrastructure required for high-capacity computing facilities.
Rothschild Redburn recently upgraded GE Vernova to Buy, citing accelerated demand for AI infrastructure, while firms including BofA Securities and RBC Capital also raised price targets based on strong order growth projections.
2. Vertiv - Vertiv provides uninterruptible power supplies, power distribution, and thermal management specifically designed for AI-driven data centers. The company’s specialized focus on data center power solutions positions it as a direct beneficiary of AI infrastructure expansion.
Vertiv announced the acquisition of BMarko Structures to expand its infrastructure fabrication capabilities and is also investing in new and expanded manufacturing facilities in the Americas to increase production capacity.
3. Eaton - The company manufacturer offers a comprehensive portfolio of low and medium-voltage switchgear, power quality products, and liquid cooling systems. This broad range of solutions addresses multiple infrastructure needs within modern data centers.
Eaton announced an investment of over $30 million in a new manufacturing facility in Nebraska to increase production of medium-voltage switchgear for data centers and other industrial systems.
4. Hubbell - Hubbell manufactures mobile power distribution skids, connectors, and grounding equipment critical for data center performance. These specialized components ensure reliable power delivery in demanding computing environments.
5. nVent - nVent Electric provides liquid cooling, standard and custom enclosures, and power distribution solutions for mission-critical data environments. Its cooling technologies address the thermal management challenges posed by high-density AI computing.
In a recent update, nVent raised its three-year financial targets, projecting annual organic sales growth of 10% to 13%, driven by strong demand in data center and power utility sectors.
6. Powell Industries - Powell designs and services custom electrical distribution equipment, including switchgear and automation solutions for data centers. The company’s customization capabilities serve specialized infrastructure requirements.
Powell Industries reported first-quarter 2026 earnings of $3.40 per share, surpassing analyst estimates, and its Board of Directors also approved a three-for-one stock split.
7. WESCO - WESCO supplies electrical distribution products, communications equipment, and supply chain solutions for large-scale construction projects, supporting the physical buildout of new facilities.
WESCO completed a $1.5 billion senior notes offering, with proceeds intended to refinance existing debt and repay borrowings under its credit facilities.
8. Power Integrations - The company develops GaN-based integrated circuits for 800 VDC power architectures and auxiliary power supplies in AI racks, providing advanced power conversion technology.
Power Integrations reported fourth-quarter 2025 earnings that surpassed analyst expectations and also introduced a new line of flyback integrated circuits that extends the power range of its converters.
9. Belden - Belden manufactures industrial-grade network infrastructure, fiber-optic cabling, and power management for mission-critical operations, connecting and powering data center systems.
Belden reported strong financial results for the fourth quarter of 2025, with both revenue and adjusted earnings per share exceeding analyst forecasts.
10. Forgent Power Solutions - Forgent designs and manufactures engineered-to-order switchgear, transformers, and power distribution units for large-scale data centers.
Forgent Power Solutions completed a public offering of its Class A common stock, which included shares sold by the company and by parent entities.
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