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Stock impact report

AI boom thrusts Europe between power-hungry data centers and environmental goals [CNBC]

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: CNBC
Nvidia are expected to result in a rise in energy use of already power-hungry data centers. High-powered AI chips require extremely dense computing power and produce more heat which ultimately requires colder water to still be able to support reliable cooling of the chips. Michael Winterson, chair of the European Data Center Association (EUDCA), warned lowering water temperatures in data centers will eventually “fundamentally drive us back to an unsustainable situation that we were in 25 years ago.” The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of firms such as tech giant Nvidia AI is estimated to drive a 160% growth in demand for data centers by 2030, research from Goldman Sachs shows — an increase that could come at a cost to Europe's decarbonization goals, as the sp Show less Read more
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