Reported 4 months ago
CNIC Funds CEO Tim Kramer discusses in an episode of Wealth! the potential of the energy sector as an entry point into the AI trade, comparing it to the gold rush and highlighting the increasing electricity consumption driven by AI. By creating an electricity index backed by futures, Kramer suggests investors could benefit from the rising demand for electricity to power AI data centers. This alternative avenue into the AI trade aims to capitalize on the sector's growth and the essential role of electricity in powering future technological advancements.
Source: YAHOO