The big winners of the AI boom are the most boring companies imaginable

• Some of the main winners of the AI boom will be stocks that are flying under the radar.
• They include unflashy companies that provide electricity and data-center services.
• As Nvidia commands attention and amasses a following, these “boring” stocks are already outperforming.

Picture a stuffy, windowless room with servers lined back-to-back. It’s hot, with thousands of computers operating at once. Massive industrial-size fans are whirring in an attempt to cool things down.