Published on 5 Dec 2024 on Benzinga
Most people associate AI investing with semiconductors like Nvidia Corp. NVDA or cloud giants like Microsoft Corp. MSFT. But beneath the surface, there's a less obvious story: the immense power required to support this innovation.
As U.S. power demand is projected to surge at an annual rate of 2.5%, a $7 trillion investment windfall is on the horizon fueled by the sweeping infrastructure overhaul required to sustain AI breakthroughs, digital asset mining, and next-generation mobility innovations.