3 AI Infrastructure Stocks Gaining Attention After Nvidia Buyback and Fed Rate Relief

Tech and semiconductor stocks just surged after a softer September jobs report cooled expectations of another near term Fed hike, and that move has pulled the AI trade back into the spotlight. Lower rate fears, fresh excitement around AI infrastructure and Nvidia’s huge US$150b buyback have sharpened the focus on a small group of U.S. large cap growth names. This article examines three stocks from that group that currently screen as positively exposed to this news backdrop.

The three large-cap growth stocks discussed below are only a sample of the opportunity set, with the full screen surfacing 20 more U.S. technology and semiconductor companies with similarly interesting AI and cloud driven narratives that are not covered here. To size up that broader group for yourself, head straight to the U.S. Large-Cap Growth Technology and Semiconductor Stocks screener to identify, filter and analyze the highest conviction ideas that fit your view on AI infrastructure and rate sensitive tech.

TTM Technologies (TTMI)

Overview: TTM Technologies manufactures high complexity printed circuit boards, RF components and mission systems that sit inside data center, communications and aerospace hardware.

Operations: TTM Technologies generates about US$2.0b from Commercial activities and US$1.4b from Aerospace & Defense, with roughly US$1.7b from U.S. customers and US$1.4b from other regions.

Market Cap: US$13.3b

For investors tracking AI infrastructure suppliers, TTM Technologies offers a way to participate in the data center buildout through the circuit boards and RF assemblies that carry all that compute power. This is exactly where the current macro tailwind is pushing attention.

"Large-scale data center buildouts announced by tech giants (e.g., Google, CoreWeave, Meta) and TTM's new Wisconsin facility position the company to capture outsized demand for advanced PCBs and interconnects required for AI and cloud infrastructure, directly supporting revenue growth and long-term customer relationships."

What really matters from here is how one quietly rising cost pressure interacts with that demand surge to shape future profitability.

Those rising input costs are exactly where the next leg of the TTM Technologies story could either accelerate or stall, which is why the full narrative for TTM Technologies digs into pricing power, contract mix and capital intensity beyond the headline AI demand narrative.

Everpure (P)

Overview: Everpure provides all-flash storage systems and cloud data services that help enterprises run AI and cloud workloads with faster, more efficient access to data.

Operations: Everpure generates about US$4.3b from computer storage devices, with roughly US$2.8b coming from the United States and US$1.5b from the rest of the world.

Market Cap: US$44.7b

Everpure matters for this AI and cloud focused screen because its storage platforms are the plumbing that keeps data moving for large training clusters, inference farms and data hungry cloud applications.

"The hyperscale design win: Everpure secured its first EXA-scale hyperscale customer in FY2026, and the company expects hyperscale revenue to ramp materially in FY2027."

What really moves the long term story for Everpure now is how one less visible shift in AI related data usage patterns feeds through to demand.

That shift is already reshaping how Everpure is used, so read the full narrative for Everpure to see how this demand mix could be accelerating or quietly stalling the story.

Flex (FLEX)

Overview: Flex provides technology and manufacturing solutions that help big tech customers build and power cloud, AI, and data center hardware globally.

Operations: Flex generates US$7.2b from Cloud and Power Infrastructure, US$11.6b from Integrated Technology Solutions, and US$10.5b from Regulated Manufacturing Solutions across diversified global markets.

Market Cap: US$41.7b

Flex matters for this AI and cloud focused screener because it sits behind the scenes building the power, cooling, and compute systems that large data center and communications customers now need at scale.

"The CPI Spin-Off Announcement (May 2026): Flex unveiled a plan to separate into two independent, public entities by spinning off its Cloud & Power Infrastructure (CPI) division. By isolating this AI infrastructure engine (spanning liquid cooling, critical power, and server rack integration), management aims to eliminate the "conglomerate discount" that has historically affected Flex’s stock valuation.

What shapes the Flex story from here is how one shift in AI power and cooling demand feeds through to long term margins.

To see how that AI power story could be accelerating beyond the spin, read the full narrative for Flex to learn what the market may be missing.

Seeking Fresh Alternatives Beyond AI?

Fresh breakout stories do not stay quiet for long. Momentum shifts fast, information decays and early pricing windows close before the crowd catches on, so get in early.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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