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0.00908605024051319 -0.00374131480491717 0.014430785676109 0.0336718332442544 0.014430785676109 0.00962052378407267 0.014430785676109 0.014430785676109
Stock impact report

T1 Energy (TE) Climbs 12% on Renewed AI Optimism [Yahoo! Finance]

T1 Energy Inc. (TE) 
US:NYSE Investor Relations: tecoenergy.com/news
Company Research Source: Yahoo! Finance
T1 Energy soared by 12.04 percent on Tuesday to close at $9.12 apiece—a new two-year high—as investors took path from the rally in technology stocks, thanks to Nvidia Corp.'s ramped up investments in the AI sector. In a statement on Monday, Nvidia said that it acquired a $2 billion stake in CoreWeave Inc., a leading data center and high-performance computing (HPC) services provider, in a bid to support the rapidly growing AI industry. The news spilled over to T1 Energy Inc. (NYSE:TE) alongside other energy stocks, as investors bet on stronger power demand driven by the rapid expansion of AI and data-center infrastructure. Sentiment was further supported by an optimistic outlook for the solar and wind sectors, with the US Energy Information Administration (EIA) projecting a 21 percent pickup from the said industries by next year, from only 18 percent last year. In the solar sector alone, utility-scale providers are projected to grow the fastest, increasing from 290 BkWh in 202 Show less Read more
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