Next AI Trading - Energy?⚡
Bank of America Merrill Lynch said in its latest research report that with the rapid development of AI technology, the electricity demand of the US power grid will face unprecedented growth. 📈 From 2023 to 2030, U.S. electricity demand is expected to grow at a compound annual growth rate (CAGR) of 2.8%. ![]()
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Leading analysts have also pointed out that as AI infrastructure construction progresses, the power infrastructure and energy sector will become a major trading theme. 🔥 AI data centers will require a large amount of electricity, which could be a good sign for utility stocks. ![]()
Looking at the recent performance of energy stocks, the leading U.S. Utility, $Vistra Energy(VST.US$ , the largest carbon-free nuclear power giant in the U.S., $Constellation Energy(CEG.US$ , and the largest green energy company in the U.S., $NRG Energy(NRG.US$ , have performed very well, with cumulative gains this year of over 96%, 65%, and 41%, respectively. ![]()
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Look at recently those AI stocks, $Apple(AAPL.US$ 🍎 and $NVIDIA(NVDA.US$ 🖥️ has went into the correction territor. Expecially $Tesla(TSLA.US$ has already been in a 🐻 market. and the other four companies are seeing their stocks near highs.![]()
Yesterday $Taiwan Semiconductor(TSM.US$ released his earnings. The market expected to surge and driving cheap stocks, but it didn't happen. ![]()
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How do you view the relationship between AI and energy? ![]()
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10baggerbamm : rather than pick an individual company you can buy a basket like UTSL. it's a 3X leveraged ETF on the top 10 largest utility companies in the United States. even without the accelerating demand from AI the only thing that's holding this sector down our rate cuts if you pull a 3-year 5-year chart you'll see what the upside is and as soon as rate cuts start whether it's in July September December January of next year there's an enormous upward movement that's going to happen to this entire basket
Shootingstar : They wrong the printing of fiat currency is consuming more energy then anything in the world atm. Not crypto not plastic not ai. Countries which have faced hyperinflation and currency devaluation are printing trillions of trillions
SPACELIGHT : Well, it still is a bit early in the game. What do you think? You're a brain surgeon.