From Nasdaq: 2024-11-13 17:00:00

Cash-rich big tech companies like Meta Platforms and Tesla are investing heavily in data centers for the AI revolution. Nvidia benefits from the high demand for its semiconductors. Data center energy demand is expected to triple, with crypto miners adding pressure. Natural gas could be a solution to meet AI’s energy needs, according to investor David Tepper. Nuclear stocks like Oklo and Constellation Energy have seen a surge in value due to deals with big tech companies like Microsoft. The United States Natural Gas Fund ETF has potential for significant gains with a bullish supply/demand balance. Experts recommend 7 elite stocks for early price pops, including Meta Platforms, Nvidia, and Tesla.



Read more at Nasdaq: AI Data Center Energy Needs: Is Natural Gas the Answer?