"IDC," short for International Data Corporation, refers to stocks listed in the Internet Data Center-related industries. IDC service providers offer various Internet infrastructure platform services and value-added services to customers. Currently, globally renowned IDC concept stocks include NVIDIA, Wanguo Data, and others. In recent years, IDC concept stock prices have shown robust growth momentum, achieving index-level growth on an annual basis. Apart from the well-known NVIDIA, the following stocks are also worth noting:

Super Micro Computer

Super Micro Computer saw a surge in its stock price Thursday afternoon. Overall, the stock has performed well this year, primarily due to advancements in the company's strategic initiatives and growth in the artificial intelligence (AI) sector. Year-to-date, shares of Super Micro Computer have reached as high as $1,229, with an average trading volume of 6.29 million shares over the past 100 days. The company has shown strong annual revenue growth, up 37.09% year-over-year, with a net profit of $402.46 million, earnings per share of $7.13, and a gross profit margin of 15.50%.

source：uSMART SG

Super Micro Computer has introduced several new products and initiatives driving its stock performance. The company unveiled a liquid-cooled AI data center optimized for NVIDIA Corp (NASDAQ: NVDA) AI Enterprise software. This innovation aims to accelerate adoption of generative artificial intelligence across industries, providing significant cost savings and improved performance.

Iron Mountain

Iron Mountain is an archive management service provider. The company was established as a real estate investment trust entity. The majority of its revenue comes from its storage business, with the remaining revenue generated from value-added services. The company primarily serves corporate clients in developed markets. Its business segments include global RIM (Records and Information Management) business; global data center business; and corporate and other businesses.

source：uSMART SG

Iron Mountain has performed exceptionally well over the past 5 years, outperforming the market on an annualized basis by 9.46%, with an average annual return of 22.63%. Currently, Iron Mountain has a market capitalization of $26.24 billion. If an investor had purchased $100 worth of IRM stock 5 years ago, calculated based on IRM's price at that time of $89.53, it would be worth $276.41 today.

Century Internet Data Center Co., Ltd.

Century Internet Data Center Co., Ltd. is one of the globally influential providers of network space infrastructure services and is also one of the leading third-party neutral data center operators in China. It is committed to providing industry-leading data center services, neutral cloud operations, and neutral hybrid IT services. It pioneers and implements IDC+ heavy technology innovation, creating a network space infrastructure operation platform with core technology and super-large-scale operational capabilities.

On May 30th, It released its unaudited financial performance for the first quarter of 2024. Its net revenue for the first quarter of 2024 was 1.9 billion Chinese Yuan (approximately $262.9 million), representing a 5.1% increase compared to the same period in 2023.

After experiencing a significant decline in the latter half of 2023, its stock price is currently slowly climbing, with significant upside potential expected.

source：uSMART SG

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