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AI Power Surge Drives Utility Deals for Meta and Microsoft

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Surging electricity demand from AI data centers is fueling growth for utilities NextEra Energy and Constellation Energy.
  • Constellation serves key hyperscalers like Microsoft and Meta with nuclear power, while NextEra expands renewables through aggressive capital expenditure, highlighting strong infrastructure support for Big Tech's ongoing AI expansion.
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679.35 +5.12% over the displayed period

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