Data centers have turned some electricity producers, like Constellation and Talen, into growth stocks.
ByWilliam Baldwin,
Senior Contributor.
T
here’s more than one way to own a piece of the artificial intelligence sector. Skip the vendors of chips and large language models. Invest in the power supply.
Shares of electric utilities under contract with giant data centers are sizzling. The past three years have seen a doubling for Entergy, a quadrupling for Constellation Energy and a sixfold gain for Talen Energy.
Reliable power, nuclear investment, data-center efficiency, and grid capacity are now core drivers of stock returns from the AI…
The tech industry is shopping the same big projects around to multiple utilities as they look for the quickest access to power.
Katie Stockton breaks down an interesting triangle chart pattern forming in one utility.
Demand for power is seeing some of its biggest increases ever, driven by data centers and A.I.
Investors and energy analysts question whether the AI race has turned into a bubble, one that would be costly to unravel as major…
The artificial intelligence boom is upending US electricity markets, and this week, more indications emerged that the US gas…
