Nvidia(US:NVDA) Jin Shi Shu Ju·2025-06-20 10:31Group 1 - The article suggests that traditional energy companies like Chevron and ExxonMobil may be undervalued in the context of AI investments, as they are essential for supplying the significant power demand generated by AI technologies [2][4] - Recent performance of utility stocks such as Vistra Energy and Constellation Energy indicates a rising trend, driven by the increasing electricity demand from AI and data centers [2][3] - Analysts highlight that while many companies are investing in AI, the immediate profit conversion is complex, and companies without a competitive edge may struggle to maintain margins [2][3] Group 2 - The demand for electricity is expected to surge due to AI applications in robotics, autonomous driving, and smart homes, necessitating stable local power systems [4] - The valuation of utility companies has increased significantly, with Vistra's forward P/E ratio rising from 15.5 to 25.1, and NRG Energy's from 11.3 to 18.6, indicating a reassessment of the sector [4] - Despite the rising oil prices, Chevron and ExxonMobil are still valued as traditional oil companies, with forward P/E ratios of 17 and 16, respectively, suggesting potential for significant valuation increases if their roles as AI energy suppliers are recognized [4]