Topic

Data Center Research

Finvaulta tracks 853 research reports on Data Centers, updated through September 4, 2026. Latest: “Weekly Power Brief: What Utilities Are Telling Us About Datacenter Power Demand”.

The research landscape for data center-adjacent themes highlights a significant rotation within technology sub-sectors as investor focus shifts from pure-play semiconductors toward hardware OEMs like DELL and HPE. While the Philadelphia Semiconductor Index has surged 80% year-to-date, recent institutional activity suggests a broadening interest into optical and memory components essential for scaling AI infrastructure. This transition occurs against a backdrop of historic software performance, with the sector marking its strongest two-day outperformance against the S&P 500 in 25 years. However, the sustainability of data center growth faces risks from rising energy costs and stagflation threats emerging from geopolitical conflicts in the Middle East. Despite these headwinds, AI-driven themes maintain high conviction among asset managers, even as large-cap leaders like NVDA and GOOGL show signs of stalling. Finally, the rapid growth of levered single-stock ETFs, now exceeding $60 billion in AUM, introduces structural volatility that investors must navigate as the sector enters a catalyst-heavy period.

Featured reports

Weekly Power Brief: What Utilities Are Telling Us About Datacenter Power Demand

UBS·Sep 4, 2026

UBS analysis shows that contracted datacenter power demand across 22 major US utilities doubled over the past year to 188 GW in 2Q26, with another 350 GW in project discussions. This rapid demand expansion reinforces UBS's Power and Resources investment theme as developers race to secure power ahead of 2030.

Up 'n' Atom: 2H Order Momentum, $2.2B Janus Awards, Holtec S-1 SMR Analysis

TD Cowen·Aug 28, 2026

TD Cowen's weekly nuclear update highlights expanding 2H26 nuclear order momentum across large reactors and SMRs, catalyzed by Doosan, BWXT, Curtiss-Wright, and X-energy. It also details the U.S. Army's $2.2B Janus awards, Holtec's SMR-300 pipeline from its S-1 filing, and growing tech hyperscaler nuclear commitments.

GS Sustain: AI/Data Centers

Goldman Sachs·Aug 6, 2026

This report examines the 7 Ps (Pervasiveness, Productivity, Price, Policy, Parts, People, Physical environment) driving AI data center power demand, highlighting a significant growth forecast for 2030 and an investment thesis centered on the 'Reliability' theme.

Space Exploration Technologies Corp

UBS·Jul 7, 2026

UBS initiates coverage on SpaceX with a Buy rating and a $210 price target. The report highlights Starship's role as a transformative technology in lowering launch costs and unlocking scale in connectivity and orbital AI.

Transition Talks

J.P. Morgan·Jul 7, 2026

This report examines how community and regulatory pushback against AI-driven data centers in the U.S. is creating new infrastructure constraints, with significant implications for the APAC energy transition value chain.

GS Sustain Notes From The Road

Goldman Sachs·Jul 1, 2026

This report highlights a shifting sustainability agenda focused on the 'Reliability and Resilience' of power and supply chains amid massive AI-driven data center expansion. Analysts identify investment opportunities in power infrastructure, automation, and cybersecurity sectors that address current grid and resource constraints.

Liquid Cooling: What Does Google's Brazos Mean for the Broader CDU Ecosystem

Bernstein·Jun 17, 2026

Google's Brazos reference design introduces a 60kW L2A CDU for OCP-compliant data centers, focusing on inference and legacy retrofits. While it introduces commoditization pressure, it is not expected to significantly disrupt high-end CDU manufacturers.

Solid-State Transformers (SST) in AI Data Centers 101

Goldman Sachs·May 19, 2026

This report explores the emergence of solid-state transformers (SST) as a critical technology for AI data centers adopting 800V DC architectures. Goldman Sachs estimates a $5 billion annual market opportunity by 2030 as industry leaders like ABB, Enphase, and SolarEdge race to commercialize these high-efficiency units.

The Atomic Steppe

Morgan Stanley Investment Management·Sep 1, 2026

Market Colour and Orbit Webcast

Goldman Sachs·Aug 13, 2026

GS TMT Spec Sales – Adyen Topline Good Enough

Goldman Sachs·Aug 13, 2026

All reports

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