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Artificial Intelligence Could Fuel Robust Demand for Power. Here Are 2 Under-the-Radar Ways to Cash In on AI's Energy Needs.
KMIKinder Morgan(KMI) The Motley Fool·2024-02-18 11:17

Artificial intelligence (AI) is a multi-trillion-dollar megatrend. According to an estimate by PwC, AI has the potential to provide a $15.7 trillion boost to the global economy by the end of this decade. That's more than the current economic output of India and China combined. To reach its full potential, AI requires two crucial components: computing power and electricity. While most investors are currently focusing on the first aspect (e.g., semiconductors), many don't yet realize the importance of power. ...