Quanta Services: Riding AI Data Center Boom
Update: 2026-01-03
Description
Quanta Services: Riding the AI Data Center Buildout WaveQuanta Services, a Texas-based infrastructure services provider, is a standout in the picks and shovels trade, focusing on the tools powering big rushes like the AI boom. With a market cap of $63 billion, its stock has surged 33.8% this year, outpacing the S&P 500. In Q3 2022, Quanta reported a 17% revenue increase and a 22.4% jump in earnings per share. The companys smart moves, like acquiring Dynamic Systems and Cupertino Electric, and its large skilled workforce, have positioned it well for future growth. Quanta forecasts 2022 revenues between $27.8 billion and $28.2 billion, with earnings per share from $6.53 to $7.02, making it a steady play on grid upgrades, clean energy, and the AI infrastructure wave. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
