AI Trend Boosts Electricity Demand, Power Stock Strong Performance

Reported 8 months ago

With AI giants such as NVIDIA, AMD, and Amazon planning to establish data centers and supercomputers in Taiwan by 2024, the market expects a surge in electricity demand, leading to a strong performance of power-related stocks including YunPao Energy, Zhongxing Power, and Daya. With factors such as power shortages, policy support, and the electricity needs of tech giants, investors are advised to strategically invest for the long term. The recent focus on green energy stocks is also highlighted, with expectations of continued long-term benefits for resilient power grid companies as green energy consumption increases.

Source: YAHOO

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