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26th September 2025

T.Rowe Price: Beyond big tech: Why value stocks deserve a closer look

Just outside Washington, D.C., in suburban Northern Virginia, lies “data center alley,” a dense cluster of warehouse?like facilities powering the rise of artificial intelligence (AI). 

These hubs aren’t just fueling innovation—they’re a metaphor for today’s market dynamics: concentrated, high?powered, and increasingly expensive. 

However, while U.S. tech giants have dominated headlines and equity market performance, the story doesn’t end there.

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