The AI Boom's Next Bottleneck Is Electricity. These 3 Stocks Are Positioned to Power the Build-Out.
Written by Daniel Sparks for The Motley Fool -> Bloom Energy's first-quarter revenue soared 130% year over year. GE Vernova's gas turbine backlog and slot reservations reached 100 gigawatts last quarter. Vistra has signed long-term nuclear power agreements with Amazon and Meta
Bloom Energy's first-quarter revenue soared 130% year over year.
GE Vernova's gas turbine backlog and slot reservations reached 100 gigawatts last quarter.
Vistra has signed long-term nuclear power agreements with Amazon and Meta Platforms.
The numbers behind the artificial intelligence (AI) build-out keep getting bigger. On Tuesday, chip designer Broadcom announced a financing platform with investment giants Apollo Global Management and Blackstone designed to enable more than 20 gigawatts of AI compute capacity through 2028, launching with an initial $35 billion tranche.
Even automakers want in. General Motors said this week it is developing a sodium-ion battery (a chemistry built on abundant sodium rather than scarcer lithium) aimed at energy storage for data centers and the grid.
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All of this demand is landing on an electric grid that can take years to expand. Securing a grid connection for a large data center campus can be a multiyear wait, and the equipment needed to build new power plants is in short supply. That mismatch is where Bloom Energy (NYSE: BE) , GE Vernova (NYSE: GEV) , and Vistra (NYSE: VST) come in.
Here's a closer look at how each company is positioned to power the build-out.
