The synthetic intelligence (AI) infrastructure increase continues to be in its early levels, and buyers have a big alternative to profit from the long-term progress forward. Over the previous 12 months, firms tied to AI infrastructure have seen their inventory costs surge as demand for superior computing energy, cloud capability, power, and knowledge middle growth continues to speed up.
The momentum doesn’t look like slowing anytime quickly, as main hyperscalers and expertise giants are dramatically growing capital spending to construct and increase AI capabilities. These investments embody high-performance chips, networking gear, cloud infrastructure, clear power, and large knowledge facilities. As companies throughout industries combine AI into their operations, the necessity for AI infrastructure is predicted to rise even additional.
Towards this backdrop, listed here are two Canadian shares to profit from the AI infrastructure increase and ship important returns.
Supply: Getty Pictures
Celestica inventory
Celestica (TSX:CLS) is a prime inventory to capitalize on the AI infrastructure increase. The corporate supplies knowledge middle infrastructure and superior expertise options. It’s witnessing strong demand for its networking {hardware} as hyperscale cloud suppliers and enterprises have elevated their spending on AI infrastructure.
The important thing progress driver for Celestica is its Connectivity & Cloud Options (CCS) phase, which provides high-performance networking switches, knowledge centre interconnects, servers, edge computing platforms, and storage methods. Sturdy demand for these merchandise powered spectacular first-quarter 2026 outcomes. Income climbed 53% 12 months over 12 months to $4.1 billion, whereas adjusted earnings per share (EPS) surged 80% to $2.16.
The CCS phase generated $3.2 billion in income, up 76% from a 12 months earlier and representing 80% of whole income. Communications income rose 69%, supported by rising adoption of 800G networking switches amongst hyperscale prospects, whereas enterprise income jumped 101% as next-generation AI and machine-learning infrastructure deployments accelerated.
The strong momentum in Celestica’s enterprise will seemingly be sustained, because the AI infrastructure increase is simply getting began. Administration expects second-quarter income between $4.15 billion and $4.45 billion, with adjusted EPS anticipated to develop 61%. Celestica additionally raised its full-year 2026 outlook, forecasting $19 billion in income and adjusted EPS of $10.15. With AI-driven demand persevering with to increase, the corporate seems well-positioned for additional progress and to ship notable capital beneficial properties.
Cameco inventory
Cameco (TSX:CCO) is one other compelling Canadian inventory to capitalize on the AI infrastructure increase. The speedy growth of AI knowledge centres is considerably growing world electrical energy demand. On the similar time, the continuing electrification and broader decarbonization initiatives are driving important long-term demand for dependable power sources, supporting Cameco’s progress.
Cameco owns a number of the world’s highest-quality uranium property, together with a number of of the lowest-cost reserves globally. That value benefit provides Cameco higher resilience throughout commodity downturns whereas permitting it to profit strongly when uranium costs rise.
Past uranium mining, Cameco has additionally expanded throughout the nuclear gas ecosystem. Its investments in Westinghouse Electrical Firm and World Laser Enrichment increase its publicity throughout a number of segments of the nuclear provide chain, creating extra avenues for long-term progress.
Importantly, Cameco maintains a disciplined manufacturing technique and secures long-term contracts that present income visibility and stability. With geopolitical uncertainty persevering with to spotlight the significance of power safety, nuclear power is regaining momentum worldwide, supporting uranium demand.
Total, for buyers searching for publicity to the AI infrastructure increase, Cameco is a compelling funding choice.
