Exoswan Insights identifies power delivery, cooling infrastructure, and fiber connectivity as the primary constraints throttling AI data center expansion, framing the challenge as a trillion-dollar supply problem for investors tracking the sector. The analysis highlights companies positioned along the infrastructure stack, including transformer manufacturers, liquid cooling vendors, and grid interconnection specialists, as likely beneficiaries of sustained capital deployment. Hyperscaler capital expenditure commitments for 2026 exceed $300 billion across major players, sustaining demand across the supply chain. Investors are increasingly focused on second-order plays rather than chip designers alone as the buildout cycle matures.