| # | Company | Market | Market cap | % of segment | Today | 30 days | Close | Country |
|---|---|---|---|---|---|---|---|---|
| 1 | Oracle ORCL | US | $431.4B | 53.3% | +3.06% | 142.30 USD | USA | |
| 2 | Equinix EQIX | US | $101.2B | 12.5% | +1.32% | 1,025.72 USD | USA | |
| 3 | Digital Realty Trust DLR | US | $66.2B | 8.2% | +1.17% | 178.55 USD | USA | |
| 4 | Nebius Group NBIS | US | $66.0B | 8.2% | +4.53% | 242.81 USD | Netherlands | |
| 5 | CoreWeave CRWV | US | $49.4B | 6.1% | +1.19% | 89.62 USD | USA | |
| 6 | Iron Mountain IRM | US | $33.8B | 4.2% | +2.03% | 113.39 USD | USA | |
| 7 | IREN Limited IREN | US | $16.5B | 2.0% | +2.73% | 41.76 USD | Australia | |
| 8 | Runze Technology 300442 | SZ | $15.6B | 1.9% | -2.65% | 64.02 CNY | China | |
| 9 | Applied Digital APLD | US | $7.6B | 0.9% | +5.05% | 25.38 USD | USA | |
| 10 | GDS Holdings GDS | US | $5.5B | 0.7% | -7.48% | 27.57 USD | China | |
| 11 | Athub 603881 | SH | $2.9B | 0.4% | -0.52% | 22.92 CNY | China | |
| 12 | Sinnet Technology 300383 | SZ | $2.9B | 0.4% | -1.19% | 10.75 CNY | China | |
| 13 | Guangdong Aofei Data 300738 | SZ | $2.7B | 0.3% | -1.02% | 18.50 CNY | China | |
| 14 | UCloud Technology 688158 | SH | $1.9B | 0.2% | -1.93% | 28.00 CNY | China | |
| 15 | 21Vianet Group VNET | US | $1.5B | 0.2% | -7.57% | 5.13 USD | China | |
| 16 | Capital Online Data Service 300846 | SZ | $1.4B | 0.2% | -3.25% | 18.14 CNY | China | |
| 17 | Topnew Info 300895 | SZ | $1.2B | 0.1% | -2.86% | 56.80 CNY | China | |
| 18 | Chengdi Xiangjiang 603887 | SH | $736M | 0.1% | -3.30% | 8.21 CNY | China | |
| 19 | QingCloud Technologies 688316 | SH | $317M | 0.0% | -3.06% | 44.40 CNY | China |
The Data Centers & Cloud segment of the AI compute value chain covers 19 listed companies across 3 markets (SH, SZ, US) and 4 countries/regions (Australia, China, Netherlands, USA). As of October 04, 2026, the segment's combined market cap is $808.8 billion ($808.8B) — 3.2% of the $25.33T tracked across the whole chain.
Oracle leads the segment at $431.4B (53.3% of the segment), followed by Equinix ($101.2B) and Digital Realty Trust ($66.2B). Top-3 concentration is 74.0%.
For the full analysis of this segment — boundaries, competitive landscape, key tracking variables and where A-share names fit — read the Chinese version.