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Stock impact report

Forget Tech Stocks: The Utility That's Solving AI's Biggest Problem [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
Maybe. As it turns out, the industry's most underappreciated bottleneck isn't a lack of computing power, or for that matter, a lack of AI data centers. It's a lack of the massive amount of electricity needed to power the business. Goldman Sachs predicts that data centers' worldwide demand for electricity is set to grow by 165% between 2023 and 2030, mostly led by the ongoing proliferation of artificial intelligence Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » There are several ways to supply this energy, with some operators even establishing their own on-premise power production facilities. Utilities companies remain best positioned to meet this growing need, though, and likely will be for the foreseeable future. They'll also see a great deal of unexpected growth, rewarding shareholders as a result. And one of these utility names is arguably better positi Show less Read more
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