AI's Growth Potential Has Helped Power a More Than 140% Rally for This Surprising Stock. Does It Still Have Fuel to Keep Heading Higher?
CEGstellation Energy (CEG) The Motley Fool·2024-06-29 17:45

AI could significantly increase power demand in the coming years.AI is a game-changing technology. It can significantly boost productivity and reduce costs. That's driving companies to pour billions of dollars into buying AI chips to train models and power applications. The AI investment frenzy has driven up semiconductor stocks like Nvidia. However, chip sellers aren't the only ones benefiting from the AI boom. One potential beneficiary that might come as a surprise is Constellation Energy (CEG -2.20%). Th ...