AI Data Centers and EVs Create Incredible Opportunities, Part 1

Michael LebowitzAdvisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

Some winners from the artificial intelligence (AI) and electric vehicles (EV) boom are easy to spot. For instance, shares of Nvidia, Microsoft, Tesla, and other companies have posted significant gains, anticipating a surge in future revenue and profits.

The development of AI data centers and the continued growth of EVs will benefit industries and companies that are not yet as closely followed. Appropriately, the stock prices of some companies in these industries may catch up with those mentioned above.

Significant investment will be necessary to upgrade, expand, and run the nation’s power grid to accommodate AI data centers and the continued growth of EVs. This article focuses on the potential beneficiaries of that investment. The second and third articles in this series will drill down to the industries and companies that may benefit most from the coming changes to the power grid.