** Applied Digital APLD.O shares surge ~215% in 2025 as growing contracts with AI developers underscore demand for its data centers
** Hut 8 HUT.O shares rally ~126% this year, driven by AI infrastructure partnerships and expansion announcements that have helped reposition the co as a data center and high-performance computing provider
** Shares of Coreweave CRWV.O jump about ~85% this year, fueled by major contracts with customers such as Meta META.O and OpenAI for cloud computing
** In the past few years, CRWV, HUT and APLD have pivoted from bitcoin mining toward AI-focused data center operations, repurposing energy-intensive infrastructure
** Oracle ORCL.N shares up ~18% in 2025, largely driven by its partnership with OpenAI for the Stargate project. But concerns around bond issuances to fund future capital expenses remain
** Shares of Equinix EQIX.O fell ~18% this year, pulled down by delays in closing big revenue-boosting deals and a lowered annual revenue forecast
** The Global X Data Center & Digital Infrastructure ETF DTCR.O up ~28%, outperforms S&P 500's .SPX ~17% gains this year
AI infrastructure boom lifts data center stocks https://www.reuters.com/graphics/DATACENTER-STOCKS/zgpoyyzwnpd/chart_eikon.jpg
(Reporting by Arnav Mishra and Akash Sriram in Bengaluru)
((Arnav.Mishra@thomsonreuters.com;))