Want to Cash In on the AI Boom? This Top Stock Believes It's in the Best Position to Capitalize on This AI-Powered Megatrend.
Energy Transfer(ET) The Motley Fool·2024-11-18 21:46
Artificial Intelligence (AI) requires tremendous amounts of computing power in the form of specialized chips to thrive. Those AI chips use a lot of energy. Many require up to five times the power of standard chips. So we're going to need a tremendous amount of electricity in the coming decades. Powering the AI revolution will take an all-encompassing approach. While renewable energy will be vital to providing clean power to AI data centers, it can't meet the massive needs alone. That's opening the door for ...