Excitement around Nvidia’s upcoming Q2 results has put artificial intelligence and data center infrastructure back in the spotlight, as investors weigh what a possible “monster beat” and fresh 2027 guidance could mean for long term AI demand. That story is bigger than one stock. This article walks through 3 stocks that are closely tied to the same news currents, so you can judge whether they deserve a closer look or extra caution.

These three stocks are just a sample cut from the wider opportunity set, and the full screen surfaced 51 more large, liquid AI and data center infrastructure companies with similarly compelling profiles that are not covered below. To analyze that full universe and identify your own highest conviction ideas, go straight to the Artificial Intelligence & Data-Center Infrastructure Leaders screener.

Insight Enterprises (NSIT)

Overview: Insight Enterprises is a global IT solutions provider that designs and delivers the hardware, software and services behind modern cloud and data center stacks, including the infrastructure that supports AI workloads. The company helps enterprises plan, build and manage multicloud, cybersecurity, data and AI, and digital workplace environments across a wide range of industries.

Operations: Insight Enterprises generates most of its revenue in North America at about US$6.9b, with additional contributions of roughly US$1.4b from Europe, the Middle East and Africa and about US$277 million from Asia-Pacific.

Market Cap: US$4.4b

Insight Enterprises gives you exposure to AI and data center demand without requiring you to pick a specific chip designer, since it supplies the multicloud, cybersecurity and infrastructure services that enterprises rely on to turn GPUs and AI software into working systems. Recent earnings calls highlight AI optimized data center projects, cloud and security services that management expects to be important growth drivers, and strong cash generation in recent periods. At the same time, the company carries a high debt load, has recorded large one off charges and has seen some insider selling, which raises fair questions about earnings resilience. If you are looking for AI infrastructure exposure with both promise and pressure points, Insight Enterprises may warrant a closer look.

Insight Enterprises is already plugged into AI optimized data centers, yet the real story may be how its high debt and recent one off charges shape the next chapter. Get the 3 key rewards and 3 important warning signs

Intel (INTC)

Overview: Intel is a global semiconductor company that designs and manufactures CPUs, GPUs, AI accelerators and server platforms that power PCs, data centers and cloud infrastructure, directly linking it to the AI compute build out. It also runs an Intel Foundry segment that produces chips and advanced packaging for both its own products and external customers, while serving major OEMs, device makers and cloud service providers worldwide.

Operations: Intel generates most of its revenue from Intel Products, with about US$33.3b from Client Computing and Physical AI Group, US$20.2b from Data Center and AI, and US$19.9b from Intel Foundry, partly offset by US$19.3b of intersegment eliminations and US$2.9b from All Other.

Market Cap: US$459.7b

Intel provides direct exposure to AI data center infrastructure through its server CPUs, accelerators and foundry business. The recent capital raise and product roadmap highlight its focus on AI oriented capacity and packaging. At the same time, the company is still working back from losses, carries higher funding risk due to reliance on external borrowings and is reshaping its leadership and board, which adds execution questions. For investors seeking a large, liquid AI hardware stock with ambitious earnings and foundry expectations, rising AI related revenue and a turnaround story to monitor, Intel may warrant closer consideration alongside Nvidia and other peers.

Intel’s AI ambitions and foundry pivot are attracting attention, yet the full picture of earnings potential and execution risk is not obvious from headlines alone. Get the analysis report for Intel

Megaport (ASX:MP1)

Overview: Megaport (ASX:MP1) runs a global software defined network that lets customers connect data centers, public clouds and storage on demand, providing flexible, high bandwidth links for AI and high compute workloads without long term contracts. Its platform layers on services such as Megaport Cloud Router, virtual edge, security and AI ready storage so enterprises can move and process data across regions efficiently.

Operations: Megaport reports most of its revenue in The Americas at about A$198 million, with around A$70 million from Asia Pacific and A$44 million from Europe.

Market Cap: A$4.1b

Megaport is attracting attention because its on demand interconnection and AI focused storage are closely tied to the same data center build out that is driving interest in Nvidia. Recent results show A$312 million in revenue and rising annual recurring revenue from networking and compute services. At the same time, the company is still loss making, has relied on substantial new equity and debt funding, and faces pressure from cloud providers and larger interconnection rivals, so execution and capital discipline are important. For investors considering ways to gain exposure to growing AI related traffic between clouds rather than the chips inside the servers, Megaport represents a higher risk opportunity that may warrant deeper research.

Megaport’s A$312 million revenue and global reach hint at something bigger building beneath the surface. Get the 2 key rewards and 2 important warning signs (2 are major!) that could show whether rising AI traffic is masking a crucial pressure point

Seeking Fresh Alternatives Beyond Nvidia?

Some stock stories move fast and the strongest setups can slip away before the crowd catches on. Scan fresh ideas while the momentum is still under the radar for now and act promptly.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.