Companies exposed to Sovereign compute programs
The AI stocks the model maps to Sovereign compute programs — part of the infrastructure layer, ranked by how strongly each name is exposed.
13 companies · ranked by exposure
Governments buying and building their own AI supercomputers and national AI clouds.
Full explainer: what Sovereign compute programs is & who makes it →Adds a non-commercial demand layer that tightens accelerator and power markets independent of AI revenue. When Sovereign compute programs tightens, the companies below are the ones in its path — which is why the model tracks their exposure to it.
The companies, ranked by exposure to Sovereign compute programs
- 10728.HKChina Telecom0728.HKProducer75
- 2
NVIDIANVDAServices72 - 3
G42Producer70 - 4
Zhipu AI (Z.ai)Services70 - 5
Sakura Internet3778Producer65 - 6
Oracle CorporationORCLServices62 - 7
HUMAINProducer60 - 8
MicrosoftMSFTServices58 - 9E2EE2E NetworksE2EProducer55
- 10
Fujitsu Limited6702.TProducer50 - 11
NAVER Corporation035420Producer50 - 12
ScalewayProducer50 - 13
IONOS Group SEIOSProducer30
Frequently asked
What are the top Sovereign compute programs stocks?
By modeled exposure to Sovereign compute programs: China Telecom, NVIDIA, G42, Zhipu AI (Z.ai), Sakura Internet, Oracle Corporation. The full ranked list of 13 names is below.
Which companies make Sovereign compute programs?
The names the model tags as producers or suppliers of Sovereign compute programs: China Telecom, G42, Sakura Internet, HUMAIN, E2E Networks, Fujitsu Limited.
What is Sovereign compute programs?
Governments buying and building their own AI supercomputers and national AI clouds.
What happens if Sovereign compute programs runs short?
Program cancellations or export-license reversals strand announced capacity and whipsaw supplier backlogs.
Exposure scores are illustrative, order-of-magnitude reads from our model of the AI value chain — not investment advice.