Power Stocks Rally After AI Leaders Cite Electricity as a Bottleneck
Power and electrical equipment shares rose Wednesday after AI executives, including Nvidia CEO Jensen Huang, said electricity is limiting AI buildout.
Shares in power and electrical-equipment companies climbed Wednesday after three prominent figures in AI identified electricity, rather than chips, as the constraint on expansion. Speaking with Yahoo Finance on the sidelines of GTC Berlin, Nvidia (NVDA) Chief Executive Jensen Huang said power would remain…