Artificial intelligence needs enormous amounts of physical and digital infrastructure to run.
Behind every large language model sits a vast and rapidly expanding layer of physical data centres, network connectivity, and logistics software.
The three ASX-listed companies are quietly positioning themselves as essential infrastructure providers for the AI age.
Goodman Group (ASX: GMG)
Goodman Group approaches artificial intelligence from the ground up.
The company owns, develops, and manages industrial property and data centre assets across 16 major cities globally.
Data centres now make up 73% of Goodman’s $14.4 billion development pipeline, up from just 40% eighteen months ago.
The company has assembled a power bank of 6.0 gigawatts across its global network.
This is becoming increasingly difficult for competitors to replicate as power access emerges as one of the key constraints on AI infrastructure expansion.
Amazon has committed $20 billion to Australian data centres by 2029, the largest technology investment in the country’s history, and Microsoft has pledged a further $5 billion.
Goodman is well positioned to benefit from this buildout, with the land, power, and expertise to deliver.
Megaport Ltd (ASX: MP1)
Megaport connects the AI infrastructure stack at the network layer, enabling businesses to instantly connect to cloud providers, data centres, and digital infrastructure on demand.
The company’s acquisition of Latitude.sh in November 2025 pushed the company deeper into the AI infrastructure stack, adding GPU, CPU, and storage capabilities that complement its core network offering.
Last week, Megaport announced $254 million in new contracts through Latitude.sh with two US-based AI technology companies, generating $90.6 million in annualised recurring revenue.
CEO Michael Reid described the announcement as evidence that:
Megaport is becoming an essential platform for powering the applications of tomorrow with globally distributed, automated infrastructure.
WiseTech Global Ltd (ASX: WTC)
WiseTech Global plays a less obvious but equally important role in the AI infrastructure story.
Its CargoWise platform provides software that manages the enormously complex global supply chains required to source, manufacture, and ship the hardware that powers AI, including NVIDIA GPUs, memory chips, and the specialised cooling equipment that data centres demand.
WiseTech has shifted almost all CargoWise customers to a transaction-based commercial model and is now embedding artificial intelligence directly into the platform to automate workflows, improve compliance, and reduce costs for customers.
The company maintains FY2026 revenue guidance of US$1.39 billion to US$1.44 billion and an EBITDA margin of 40% to 41%.
WiseTech shares have fallen from their highs, which has compressed the valuation significantly and may have created a more attractive entry point for potential investors.
Foolish takeaway
Together, these stocks represent three distinct but complementary ways to gain exposure to the AI infrastructure boom.
They are great examples of ASX-listed companies already generating real revenue from a theme that has dominated the last few years.
The post 3 ASX stocks that could win big from the AI infrastructure boom appeared first on The Motley Fool Australia.
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Motley Fool contributor Mark Verhoeven has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Megaport, and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.