AI power demand is projected to surge 1,100%. Transformer lead times have stretched to four years. The next AI bottleneck isn’t another chip—it’s the grid itself.

Morgan Stanley says U.S. AI data centers face a 38 GW power shortfall through 2028, with GE Vernova, Eaton, and Vertiv among the key

AI power demand is projected to surge 1,100%. Transformer lead times have stretched to four years. The next AI bottleneck isn’t another chip—it’s the grid itself.