These Infrastructure Stocks Could Quietly Power the AI Revolution
Several leading AI companies are collaborating with power producers to meet their energy needs.Technology companies are investing a substantial amount of money in hardware, processors, and memory storage to support AI. According to an estimate by McKinsey, companies need to invest a staggering $5.2 trillion by 2030 on data centers equipped to handle AI processing loads. However, technology is only part of the story. Power is quietly becoming a major factor in driving the AI revolution because AI data center ...