This article will examine the ways in which the AI bubble popping could impact utilities such as the Utilities Spider ETF (XLU). We will discuss our views on good and bad investments within the utilities sector. Specifically, we think the sector as a whole will do fine and that geographically advantaged utilities like Pinnacle West (PNW) will outperform. (For reference, our last article on PNW was here.) While electric utilities are not part of the AI bubble, they do benefit from the rampant buildout of AI. ...