The Next Commodity Megatrend: 2 Top Ranked Stocks to Profit
Archrock(AROC) ZACKS·2024-10-11 03:31
With the explosion of AI technology and the tremendous energy it demands, business leaders have been frantically searching for new ways to power this technological super-trend. Just for context, if the rate of adoption for AI continues at its current pace, data center energy demand will grow from 3-4% of total power demand to 11-12% by 2030, according to McKinsey. That is a massive increase and if the US is going to keep up, we need to find a solution fast.In a surprising turn of sentiment, business leaders ...