Cloud Build-Out Stocks to Watch: Prologis, Super Micro, and NVIDIA

Three stocks that are benefiting from the cloud build-out, driven by the need for infrastructure to support AI and machine learning workloads, are Prologis, Super Micro Computer, and Arista Networks. Prologis is the global leader in logistics real estate and is repurposing land for data centers and AI infrastructure hubs. Super Micro Computer specializes in servers for AI workloads, while Arista Networks provides networking equipment for cloud data centers. All three stocks have the potential to benefit from the ongoing cloud build-out and growing demand for AI infrastructure.

The cloud build-out, driven by the need for infrastructure to support artificial intelligence (AI) and machine learning workloads, is presenting significant investment opportunities. Three companies, Prologis, Super Micro Computer, and Arista Networks, are at the forefront of this trend, offering specialized services crucial for the evolution of cloud computing.

Prologis (NYSE: PLD) is a global leader in logistics real estate. The company is repurposing land for data centers and AI infrastructure hubs, leveraging its extensive global footprint. Prologis announced a shift in focus to data centers and AI infrastructure hubs in its latest earnings report, highlighting the strategic importance of this move [1]. The stock has seen a 4.1% increase in 2025 and has a consensus price target of $119.67, with a dividend yield of 3.67% [1].

Super Micro Computer (NASDAQ: SMCI) specializes in servers for AI workloads. The company designs and builds high-performance server and storage systems tailored for AI, cloud, and enterprise computing. Super Micro has experienced triple-digit revenue growth in recent quarters and is a pure-play picks-and-shovels stock for the hardware required by the cloud build-out [1]. The stock has seen a 69% increase in 2025 but is currently expensive at around 27x forward earnings [1].

Arista Networks (NYSE: ANET) provides networking equipment for cloud data centers. The company offers high-speed networking equipment that allows servers to communicate with each other, a critical component of modern data centers. Arista has contracts with major hyperscalers like Meta Platforms and Microsoft, positioning it well for the next-generation data centers [1]. The stock has increased 59% in the last three months, with analysts raising their price targets ahead of the company’s earnings in early August [1].

All three stocks have the potential to benefit from the ongoing cloud build-out and growing demand for AI infrastructure. Investors should consider these companies as they align with the broader trend of technological advancement and infrastructure development.

References:
[1] https://www.marketbeat.com/stock-ideas/3-cloud-build-out-stocks-behind-the-ai-infrastructure-boom/