AI Boom Shifts Focus From Chips to Power Infrastructure
TL;DR
BlackRock Investment Institute says the next AI trade may hinge on energy security and data-center power rather than chip supply. With more than 55 gigawatts of behind-the-meter capacity planned in the U.S. and long-term contracts like Microsoft-Chevron’s Kilby project, GE Vernova, Eaton and Vistra are positioned to benefit as hyperscalers seek on-site, dispatchable power amid grid bottlenecks and rising electricity costs.
Topics:businessmarkets#ai#blackrock#data-centers#energy-security#infrastructure#markets#note-only-five-allowed
- BlackRock Flags Big AI Trade Beyond Nvidia, AMD, Micron Benzinga
- US Grid Constraints: Towards 40GW+ of Behind-The-Meter Datacenter by 2028? SemiAnalysis
- Why data center growth forecasts are essential to mitigating their impact on the grid Bulletin of the Atomic Scientists
- AI fuels record $200bn M&A boom in US power sector Financial Times
- Not Even Musk Has The Answer To AI's Power Shortage Crude Oil Prices Today | OilPrice.com
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