Reported 4 months ago
Vistra Corp., one of the largest US power producers, has seen its shares surge over 300% in the past year, surpassing Nvidia, thanks to the growing demand for artificial intelligence. Investors like Daniel Loeb are optimistic about Vistra's potential in supplying power to AI data centers. Vistra's stock performance is attributed to its mix of gas and nuclear power plants, positioning it uniquely in the market. While concerns about oversupply impacted shares momentarily, Vistra's focus on data center power demand and ownership of nuclear generation capacity make it a promising investment in the AI and data-center sectors.
Source: YAHOO