AI Needs Copper—Can the World Deliver? | Presented by CME Group

Well, artificial general intelligence is booming and the data center industry along with it. But the data centers don't exist in isolation. They have to be wired internally and also connected to the outside world largely by using copper wiring.So the price of copper for many years followed the price of crude oil very closely. But about 3 years ago perhaps in part because of Gen AI and also because of the rise of electric vehicles copper prices have generally been on an upward trajectory whereas crude oil pr ...