Jeff Gustavson said Chevron plans to build natural gas power plants that will be directly connected to data centers used by technology companies for AI.
AI's impact on electricity demand is uncertain with the emergence of DeepSeek, causing confusion among investors and leading to a sell-off in power stocks. Less sensitive ETFs include XLU, RSPU, and ...
Even after the week’s losses, few AI-related power stocks look like bargains. One exception: natural gas shares.
BofA lowered the firm’s price target on Constellation Energy (CEG) to $366 from $380 and keeps a Buy rating on the shares. Constellation and ...
Chinese Artificial Intelligence firm DeepSeek has dropped a new AI chatbot it says is much cheaper than the systems operated by US tech giants like Microsoft and Google and could make the technology ...
Energy Transfer LP is well positioned to capitalize on the rising energy demand driven by AI data centers and favorable US ...
The Chinese AI company roiled financial markets and showed the road to growth in electricity demand may be bumpy.
The U.S. technology sector, especially, the artificial intelligence (AI) space, is crawling back to normalcy after the ...
DeepSeek’s success learning from bigger AI models raises questions about the billions being spent on the most advanced ...
The breakout success of Chinese AI platform DeepSeek doesn’t mean a dimmer future for the US electric grid, despite what Wall ...
If AI really doesn’t need that much power, energy companies have less incentive to produce more.
The technology's optimizing capability can help improve energy efficiency, including by managing its own heavy footprint. Abu ...