3 Energy Stocks Powering the Artificial Energy Boom

Artificial intelligence hasn’t just fueled upside in tech stocks.

It’s also fueling massive upside in energy stocks.

Look at Sempra Energy (SRE), for example. Since June, it ran from about $74 to a high of $84 thanks in part to the explosive energy demand of AI data centers.

But this is just the start.

Electric utility companies, like PG&E Corporation expect a tidal wave of new power demand from data centers powering technology like generative artificial intelligence.

In addition, as noted by Wells Fargo, after years of flat power growth in the U.S., electricity demand could grow as much as 20% by 2030. Again, because of the AI data center demand.

That being said, here are a few ways to trade the opportunity.

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