If you're on the hunt for ASX stocks with exposure to the demand for AI infrastructure, Goodman Group and Nextdc Ltd are both front-runners. Let's break down their businesses, fundamentals, valuation, and recent price moves to help you decide where you might want to put your money.
Goodman Group is Australia's largest real estate investment trust and operates an integrated property business across 14 countries.
A few fundamentals stand out for Goodman Group:.
Goodman's scale means it can win large development projects—like new hyperscale data centres and logistics hubs—that directly benefit from AI's ever-growing appetite for space, power and connectivity.
Nextdc is the quintessential ASX data centre stock—with a core focus on building and operating state-of-the-art infrastructure tailored specifically to cloud, digital services, and, AI workloads.
Three things jump off the page with Nextdc:.
If you're backing the digital economy and big data, Nextdc gives you direct exposure to the backbone infrastructure that makes AI possible.
Nextdc is valued much more optimistically on earnings, as often happens with "growth at all costs" tech infrastructure stocks.
Let's look at the past month: from 18 August to 17 September 2026.
Goodman Group's shares started this window at $30.47 and finished at $26.00—a drop of about 14.7%.
Nextdc began the period at $14.73 and ended at $11.06, marking a fall of about 24.9%.