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Sterling Infrastructure Should Regain Momentum Soon


The AI infrastructure boom is still in its early days. (NASDAQ: GOOG) (NASDAQ: GOOGL) has initiated an $84.75 billion equity capital raise "to expand AI infrastructure and compute," while Amazon (NASDAQ: AMZN) more recently issued over $25 billion in corporate bonds for AI investments.

All that money has to go somewhere, and some of it can flow into Sterling Infrastructure's (NASDAQ: STRL) coffers. The construction company has turned into a top AI data center builder, and as demand for those facilities rises, Sterling Infrastructure will continue to build on its backlog.

Image source: Getty Images.

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Source Fool.com

Alphabet Inc. A Stock

€299.95
0.590%
The Alphabet Inc. A stock is trending slightly upwards today, with an increase of €1.75 (0.590%) compared to yesterday's price.
With 165 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 333 € there is a slightly positive potential of 11.02% for Alphabet Inc. A compared to the current price of 299.95 €.
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