Invest in Brookfield Renewable and Brookfield Infrastructure for AI and cloud computing growth

From Nasdaq Media: 2024-08-25 04:05:00

AI is set to revolutionize the global economy with a projected contribution of $15.7 trillion by 2030, more than China and India combined. Renewable power, data centers, semiconductors, and computing capacity are vital factors driving the AI revolution, making companies like Brookfield Renewable and Brookfield Infrastructure promising growth investments in this space.

Brookfield Corporation is focused on electricity’s unprecedented demand surge, with an estimated need for 20,000 gigawatts of power generation capacity by 2040. Brookfield Renewable, a leader in renewable energy projects, aims to meet this demand, working with tech giants like Microsoft to deliver substantial power capacity for AI and cloud computing needs.

Brookfield Infrastructure is expanding its data center operations globally and partnering with Intel in semiconductor manufacturing to supply high-powered chips for AI and cloud computing applications. The company anticipates substantial growth in earnings and opportunities as the demand for computing capacity escalates alongside advancements in technology.

Both Brookfield Renewable and Brookfield Infrastructure expect cash flow and dividends to grow over 10% annually, translating to total annualized returns in the mid-teens. These companies offer investors a chance to benefit from the exponential growth potential driven by AI in renewable power and computing capacity sectors.



Read more at Nasdaq Media: An Unprecedented Investment Opportunity: 2 Top Growth Stocks To Buy and Hold for the Next 20 Years to Cash in on the AI Revolution