Menu

Post image 1
Post image 2
1 / 2
0

Hyperscalers' AI buildout will require massive amounts of energy. Two under-the-radar stocks will benefit

CNBC·Brian Sullivan·20 days ago
#Tn8aqKUc
Reading 0:00
15s threshold

(This is CNBC's "Power Insider" newsletter, your inside look at the investments, people and companies powering the global energy industry. Click  here  to subscribe.) POWER POINT What I'm hearing from energy insiders Hyperfocused on hyperscaler hypergrowth.  I tried to sum up investor thinking into just one sentence. The pace of spending on A.I. is so frenetic it makes the Energizer Bunny look lazy.  That growth is coming from the "hyperscalers," just a fancy term for the big technology companies that are rapidly ramping their bets on artificial intelligence. This energy-related weekly intelligence piece is about artificial intelligence because - in this author's reasonably humble opinion - there isn't an A.I. story without energy.   A.I. requires massive amounts of computational power - "compute" - and compute requires massive amounts of electricity.  In other words - and say it with me - A.I. is power.  Literally . As long as the A.I.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More