GE Vernova Stocks Slip on Data Center Turbine Choice
GE Vernova (GEV) shares declined approximately 1% to $953 during the September 30 session. This move comes as AI developers face a decision between waiting for grid connections or opting for costlier on-site power solutions, with smaller turbines offering a quicker path to operational servers.
04am in the September 30 session as AI developers weighed a costly choice between waiting for grid connections or paying for on-site power. Smaller turbines can provide a quicker path to bringing servers online.