Semiconductor companies like Nvidia have typically been the largest beneficiaries of the surge in AI demand. Now, storage, servers and data centers are experiencing a boom. The winners: CoreWeave tripled revenue to $1.2B, Microsoft Azure jumped 39%, and Nvidia hit $39B in data center revenue. Manufacturing giant Foxconn saw server revenue overtake smartphone manufacturing for the first time, while Dell logged a record $12.1B in AI orders in a single quarter.