Want to Cash In on the AI Boom? Check Out This High-Yield Dividend Stock.
Dominion Energy(D) The Motley Fool·2024-08-03 08:31
AI will need lots of power, which bodes well for Dominion Energy. Companies are pouring billions of dollars into artificial intelligence (AI). They're buying powerful processors developed by Nvidia and other chip companies to train AI applications. These AI training models and the applications to follow will reside in data centers. Because of that, these already power-hungry facilities will require even more electricity in the future. Few companies are in a better position to supply the power needs of AI in ...