Japan Pledges to Invest $36 Billion in U.S. Oil, Gas, and Mineral Projects. Here Are 2 Stocks That Could Soar as a Result. [Yahoo! Finance]
HITACHI LTD ADR (HTHIY)
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Source: Yahoo! Finance
People can argue over where the artificial intelligence (AI) trend is headed , but there's no denying it's currently driving a surge in electricity demand and reshaping the nation's energy grid. We're seeing some of those effects through a pledge from Japan, which plans to invest roughly $36 billion in the U.S. in the opening phase of a broader $550 billion deal. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That $36 billion is going to be spread among three projects, but the bulk of it is expected to go toward a proposed natural gas-fueled power plant in Ohio. Image source: Getty Images. As electricity demand from data centers puts more strain on current infrastructure, and with usage only expected to increase, consumers are worried about their electricity bills rising. The 9.2 gigawatt Ohio power plan
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