This High-Yield Dividend Stock Is in Perfect Position to Cash In on the $1 Trillion AI Megatrend
PERFPerfect(PERF) The Motley Fool·2024-08-10 16:23

Brookfield Infrastructure expects to be a key enabler to support AI.Large tech companies, corporations, and utilities are on track to spend around $1 trillion on capital expenditures to support AI in the coming years, according to an estimate by Goldman Sachs. The technology needs data centers, semiconductors, and a lot of power to learn and generate output. Those investment trends play right into the strengths of Brookfield Infrastructure (BIPC 1.61%) (BIP 0.13%). The global infrastructure company operates ...