3 Stocks to Buy if You Believe the AI Power Crunch Is Just Getting Started
These stocks should benefit from long-term tailwinds in energy demand over the coming decade.
Overview
Artificial intelligence (AI) is completely reshaping the energy landscape. Advanced server racks consume far more power than traditional servers, and AI data centers require enormous amounts of electricity. According to the International Energy Agency, data centers worldwide used about 415 terawatt-hours of electricity in 2024. That figure could climb to roughly 1,000 terawatt-hours by 2030.
Rapidly rising demand is only part of the story. The bigger challenge is how long it takes to build new energy infrastructure. AI data centers can be completed in approximately 18 to 24 months. The infrastructure needed to power it can take much longer to build.
Details
Large natural gas turbines may require three to five years to commission, while high-voltage transmission lines can take six to 10 years. A new nuclear power facility can take more than a decade to build.
Source
Originally published at www.fool.com.