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-0.000541748493262088 -0.00115121554818186 -0.000744904178235347 -0.00135437123315512 -0.00521432924764685 -0.00521432924764685 -0.00521432924764685 -0.00521432924764685
Stock impact report

3 market experts share the 8 companies that will profit the most from AI's insatiable energy appetite [Business Insider]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
3 market experts share where they see the most opportunity within the AI energy trade. AI development might be running into a problem soon: the electric grid doesn't have enough juice. Data centers and the cloud computing infrastructure housed inside them are voracious power consumers. But after years of stagnant electricity consumption and neglected infrastructure , experts aren't sure if the US power grid is ready to handle this sudden surge in power demand. Earlier this year, Meta CEO Mark Zuckerberg declared energy the foremost bottleneck to AI progress. And as companies race to develop newer and smarter models, energy consumption will only go up. According to Epoch AI, a nonprofit research institute specializing in AI development, the computational power demands for AI are doubling every nine months. Moody's estimates that between 2023 and 2028, the electricity usage in data centers will grow 43% yearly. That's not including the energy-intensive process of constructing eve Show less Read more
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