As Wall Street pours billions into artificial intelligence (AI) infrastructure, Oxbow Advisors founder Ted Oakley says investors are ignoring the massive energy and commodity demand needed to power the AI boom — creating an opportunity in beaten-down energy stocks.
Investors Missing AI's Energy Demands
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Despite major U.S. tech firms committing massive capital to AI data centers this year, Oakley argues that investors are focused on AI's upside while overlooking the infrastructure, energy and commodity inputs required to build and operate data centers.
“I think they’re just looking at the dream side of that,” Oakley said in a recent interview with Kitco NEWS.
