From Yahoo Finance: 2025-05-26 12:05:00

The AI industry, led by Nvidia, is booming, but at an environmental cost. Earnings reports are highly anticipated, with analysts predicting continued growth. However, concerns arise as AI chipmaking in East Asia escalates energy usage, mainly powered by fossil fuels. Greenpeace reports a significant surge in electricity demand for AI chipmaking, raising environmental alarms. Energy-intensive data centers for AI models like OpenAI’s ChatGPT and Meta’s Llama further strain resources, prompting calls for sustainable energy sources from the World Economic Forum.

Read more: Why Nvidia’s rise could signal bad news for climate goals