Shares of Plug Power Inc. (NASDAQ:PLUG) surged 21.56% on Monday, marking its 9th consecutive day of gains, closing at $2.65 per share. This increase was driven by investors flocking to stocks benefiting from the growing artificial intelligence industry. Nvidia Corp.’s $100 billion investment in OpenAI is expected to bring online at least 10 GW of Nvidia systems for AI training. Plug Power stands to benefit from the AI boom, as more companies invest in AI, leading to increased demand for data centers and high-performance computing. While PLUG shows promise, other AI stocks may offer higher returns.

Read more at Yahoo Finance: Plug Power (PLUG) Extends Rally for 9th Day as Firm Stands to Benefit From AI Boom