3 Utility Stocks Built for the Coming AI Power Crunch
As artificial intelligence data centers continue to proliferate, these electric utilities remain well positioned to benefit from the resultant energy demand.
Overview
Artificial intelligence (AI) data centers are popping up everywhere, to the point where it's becoming a source of political backlash. Yet while the debate over where to build data centers rages on, one thing remains very certain.
As AI data centers proliferate, electricity demand will continue to rise as well. While this trend could bode well for utility stocks across the board, it could serve as a strong long-term catalyst for the following three electric utility stocks in particular: Constellation Energy Group (NASDAQ: CEG), Entergy (NYSE: ETR), and NextEra Energy (NYSE: NEE).
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Originally published at www.fool.com.