The Nasdaq-100 is getting a facelift, and it looks a lot like an AI data center catalog. Nasdaq announced on June 11 that five new companies will join its flagship index effective June 22: Astera Labs (ALAB), CoreWeave (CRWV), Nebius Group (NBIS), Rocket Lab (RKLB), and Teradyne (TER).
Making room for the newcomers means five current members are heading for the exits. Charter Communications (CHTR), Cognizant (CTSH), Insmed (INSM), Verisk Analytics (VRSK), and Zscaler (ZS) will all be removed before the market opens on the same date.
AI infrastructure dominates the new additions
Astera Labs builds connectivity solutions specifically designed for AI data centers. In English: they make the high-speed plumbing that lets thousands of processors talk to each other without bottlenecks.
CoreWeave operates cloud infrastructure optimized for Nvidia GPUs, essentially renting out the computing muscle that AI companies need but can’t always build themselves.
