The explosive growth of AI and data centers is driving the demand for electricity higher. Data centers consume huge amount of power – in some cases, the equivalent of a small town’s power consumption. The following infographic lays out the important facts on this topic:
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Related ETF:
- State Street Utilities Select Sector SPDR ETF (XLU)
Disclosure: No positions
Source: AI vs. The Power Grid, U.S. Global Investors
