Reported 2 days ago
The surge in Nvidia's stock amid the AI gold rush raises environmental concerns as the demand for AI chips and data centers leads to a significant increase in electricity consumption, primarily from fossil fuels. Despite strong financial forecasts, analysts warn that the industry's rapid growth could hinder climate goals, with projections indicating that AI chipmaking electricity needs may rival the total consumption of countries like Argentina by 2027. Experts emphasize the importance of transitioning to sustainable energy sources to mitigate the environmental impact.
Source: YAHOO