AI innovation increases energy demand, driving utilities and infrastructure investments.

AI innovation boosts energy demand, driving utilities and energy infrastructure investments. Tech giants like Microsoft, Amazon, and Meta consume electricity at unprecedented levels due to AI systems. The S&P 500 Utilities Index delivers 6.1% annualized returns over five years, making it an attractive opportunity for retail investors seeking to capitalize on the AI gold rush. Utilities like Southern Co., Duke Energy, and Entergy are well-positioned to invest in infrastructure development, while midstream companies play a crucial role in meeting growing energy demands.

August 04, 2024
3 Articles