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Stock impact report

Needham Sees Opportunity in 2 Lesser-Known Energy Stocks Riding the Data-Center Boom [Yahoo! Finance]

Generac Holdlings Inc. (GNRC) 
Last generac holdlings inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generac.com
Company Research Source: Yahoo! Finance
One of the biggest stories in markets today is the boom in AI – and with it, the surge in data center development. This trend extends far beyond the digital realm; data centers are massive physical structures, and their expansion has impacts in numerous industries. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. At the heart of this construction wave are the world's largest tech firms, whose AI ambitions are driving unprecedented levels of capital spending. Companies such as Microsoft, Amazon, Meta, and Alphabet are pouring record amounts into data center construction to power their AI and cloud computing goals. Their combined spending reached about $245 billion last year and is now approaching $360 billion. Data centers are extraordinarily power-hungry, consuming around 415 TWh last year, with forecasts from the International Energy Show less Read more
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