The Trump administration has approved a $1 billion loan to Constellation Energy Corporation’s Crane Clean Energy Center in Pennsylvania, supported by Microsoft Corporation. The new center will add 835 megawatts of power to the grid, meeting rising demand for electricity driven by AI technology.

Constellation Energy Corporation states the loan will lower financing costs and encourage private investment, benefiting the AI industry in the US. The company specializes in providing reliable, emissions-free energy for various sectors.

While Constellation Energy Corporation shows promise, other AI stocks may offer greater potential. Interested investors can explore undervalued AI stocks poised to benefit from current economic trends.

Read more at Yahoo Finance: US Government Supports Launch of Crane Clean Energy Center by Constellation Energy (CEG)