Meet the ‘AI Centurions’—6 formerly sleepy stocks that now have market caps over $100 billion

Six previously underperforming companies, including GE Vernova, Seagate Technology, and Vertiv, have surged to over $100 billion market caps due to the AI-driven demand for data center infrastructure and related technologies. Their valuations skyrocketed as AI expansion boosted sales of storage, cooling, and power solutions, with GE Vernova reaching $288 billion by July 21.