from24/7 Wall St.
1 week agoThe 1 Thing That Can Slow AI's Growth -- And 3 Stocks That Will Profit From It
Because artificial intelligence (AI) demand is growing so rapidly, and data centers are such power-hungry operations, the one thing that will slow AI's rapid ascent is energy supply. The surge in AI applications requires vast computational power, with data centers consuming electricity equivalent to small cities and projected to increase demand tenfold by 2030. This strains power grids that are already facing reliability issues due to intermittent renewables.
Environment