3 ASX Stocks Set to Ride the Next AI Infrastructure Boom

AI is rapidly transforming industries, creating growing demand for the infrastructure powering this technological shift. Here are three ASX-listed companies positioned to benefit from the AI-driven growth story.

NEXTDC Limited (ASX: NXT)

On 27 August 2026, announced its June ending results for FY26, reflecting strong performance as net revenue went up by 16% to $405 million with a 15% increase in Underlying EBITDA from $216.7 million in FY25 to $248.8 million in FY26, surpassing the management’s guidance.

Statutory NPAT saw a major improvement, turning from a loss of $60.5 million in FY25 to a profit of $82.1 million in FY26, demonstrating improved management operations. Capex for the year of $3.4 billion crossed the guidance due to additional land acquisitions and accelerated delivery of contracted capacity.

The company has a market capitalisation of approximately $9.72 billion with a built capacity of 287.9MW at the end of FY26, which shows an increment of 38% from FY25. Billing utilisation for the same period stood around 175MW, surging significantly from 110.9MW in FY25.

Looking ahead, the company expects a major growth in FY27 with an estimated increase in revenue and EBITDA of more than 50%, backed by a strong forward order book converting to revenue during the year. With a combination of increased demand and expansion, NXT possess a great upside potential in the coming years.

Goodman Group (ASX: GMG)

On 20 August 2026, announced its June ending full year result, showcasing resilient growth as operating profit for the year went up by 15.7% to $2.67 billion with a statutory accounting profit of around $2.77 billion.

Net Tangible Assets per share went up by 7% to 11.79 in FY26 from 11.03 in FY25 along with low balance sheet gearing for the year of 6.5%.

The company has a market capitalisation of approximately $55.82 billion and had also announced a final payout of 15 cps which was paid on 26 August, totalling the full year distribution payout of 30 cps.

Goodman group is progressing rapidly as approximately 0.5 GW of data centre developments are underway with ten projects across eight global cities. Around 90% of its data centre projects are under construction, preparing it for the increased future demand.

Looking ahead, the company expects an operating EPS growth of 9% for the year with distribution amount remaining constant. Along with that the company is continuously focusing towards AI infrastructure due to a strong growth prediction in the industry for next 5 years, making it an attractive opportunity for investors looking for an exposure in AI related stocks.

Megaport Limited (ASX: MP1)

On 20 August 2026, announced its full year results for FY26, reflecting strong growth as Group ARR went up by 62% to a record $395.2 million, including Network ARR of $289.6 million and Compute ARR of $105.6 million, evidencing a strong and growing demand.

Total revenue for the year stood at $312.2 million in FY26 from $85.1 million in FY25, an increase of 37%. EBITDA also increased by 24% with an increase in gross profit of 41%, highlighting an improvement in management’s operations.

The company has a market capitalisation of around $4.2 billion and has done two acquisitions during the year to expand its capabilities and meet growing customer demand.

Megaport Limited also announced a fully underwritten $827.3M entitlement offer to fund contracted infrastructure, establish an on-demand GPU pool, and retain capacity to pursue further strategic opportunities.

Looking ahead, the company expects around 100% growth in its revenue supported by a growth in both network and compute revenue. It’ll also focus on making additional investments in go-to-market, product development, operations, and infrastructure required to support that growth, making it a great choice for investors seeking long-term growth opportunity.

(Source: Company Announcements)