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And the scale of expansion is nothing short of extraordinary. Across North America, data center construction is accelerating so rapidly that growth is now spilling far beyond traditional strongholds. For years, Virginia has held the crown as the world’s largest data center market. But that dominance may soon shift.According to a new report from JLL, Texas is on track to unseat Virginia, a moment the firm describes as a true “inflection point” for the industry. The numbers tell the story. Roughly 64% of the massive 35-gigawatt construction pipeline is now rising outside so-called mature markets like Virginia. Meanwhile, vacancy rates remain extraordinarily tight. At the end of 2025, data center vacancies stood at just 1%, marking the second consecutive year at this historic low.Nvidia Stock May Be Oversold - What is the Best NVDA Play?Jobs, Geopolitics and Other Key Things to Watch this WeekAs Coinbase Rolls out 24/5 Stock Trading, Should You Snap up COIN?Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!“The data center sector has officially entered hyperdrive,” said Andy Cvengros, executive managing director and co-lead of U.S. data center markets at JLL. He emphasized that record-low vacancy sustained over two consecutive years pushes back firmly against bubble fears, especially considering that nearly the entire construction pipeline is already spoken for by investment-grade tenants. In fact, about 92% of the capacity currently under construction is pre-committed.Additionally, JLL highlights another eye-catching figure. The top five hyperscalers are planning a staggering $710 billion in capital expenditures in 2026 alone to build out the infrastructure needed to support this next wave of digital growth. Against this powerful backdrop, here’s a closer look at two top-rated stocks that appear perfectly positioned to benefit from this accelerating data center expansion story.Seattle-based Amazon.com (AMZN) may be best known for reinventing online shopping, but its evolution into a full-scale technology powerhouse has been nothing short of remarkable. What began as an e-commerce disruptor has transformed into a company deeply embedded in cloud computing, artificial intelligence, data centers, and digital entertainment. 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