The article outlines a backdrop of elections in Brazil and Serbia, oil worries tied to the Middle East, and a big week of cloud and AI earnings from Alphabet, Microsoft and Amazon. It profiles three AI infrastructure stocks linked to data center power demand. Monolithic Power Systems, which designs power-management chips, has about US$3.3b in revenue and a US$56.0b market cap, and management expects Enterprise Data growth of at least 130% year over year, with data center exposure approaching 50% of revenue. Analog Devices, with about US$13.9b in revenue and a US$189.5b market cap, reports data center revenue at about 2b on an annualized basis and says its 2030 data center and energy market estimate has more than doubled versus last year. KLA, with a US$190.0b market cap, has a backlog of about US$12.5b and lead times extending into 2027 and 2028.
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data centerssemiconductorsartificial intelligenceelectricityearnings
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/23/2026 | 320.25 |
| Change that session | -1.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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