US-China power struggle over AI causing market upheaval, concerns rise about future power demand

From Investing.com: 2025-01-28 11:12:00

A power struggle between the US and China over artificial intelligence is causing upheaval in global markets. Concerns about future power demand and the impact on stock and energy markets are rising as Chinese AI advancements challenge assumptions about power sector growth. Data centers and AI applications are driving electricity demand growth, with projections suggesting a substantial increase by 2030. The emergence of technologies like DeepSeek is changing the landscape for AI stocks and infrastructure, prompting investors to reassess their strategies and stay ahead in the race for AI dominance. Russia’s oil sanctions are affecting global oil prices, pushing Middle Eastern crude to a premium. Despite challenges, the energy sector remains volatile with natural gas prices reacting to changing weather patterns and geopolitical tensions.



Read more at Investing.com: The Energy Report: Power Struggle