The PAVE ETF focuses on companies building AI infrastructure, particularly those involved in wiring and servicing data centers. It trades at a forward P/E of 22.2x, lower than the broader Industrials ETF at 26.3x, and offers higher expected earnings growth. However, risks include Texas pausing new data center approvals and other states revising tax policies, which could impact investment. The $1.3 trillion capital expenditure forecast supports growth only if the spending materializes as planned.
The AI surge is driving demand not just for GPUs but also for the physical infrastructure that supports data centers. Companies like Eaton, Vertiv, and Quanta Services are key players supplying electrical systems, cooling equipment, and construction ...
Captiva Verde Corp. has appointed retired 4-Star General Daniel R. Hokanson to its Advisory Board. Hokanson brings extensive military leadership experience, including advising top U.S. defense officials and leading international partnerships. The com...
