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Stock impact report

Could Utility Stocks Be the Next Big AI Winners? [Yahoo! Finance]

Dominion Energy, Inc. (D) 
Last dominion energy, inc. earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: dominionenergy.com/investors
Company Research Source: Yahoo! Finance
Dominion Energy's utility in Virginia is investing heavily to support surging power demand by data centers. Entergy is building power plants to support a massive AI data center development by Meta Platforms. 10 stocks we like better than NextEra Energy › AI has the potential to be a powerful technology. However, access to power will be crucial to the technology's adoption in the future. AI data centers require significantly more electricity compared to those handling traditional workloads due to the specialized chips and cooling systems needed to keep these facilities running at full capacity 24 hours a day, every single day. As a result, utilities could be big winners in the AI age. They should have considerable opportunities to invest capital into expanding their power generation capacity and the related infrastructure to support their expanded operations. That should empower them to grow their earnings and dividends at faster rates in the future, enabling them to produce p Show less Read more
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