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AI Power Crunch Drives Launch of New Energy ETF as Data Center Demand Surges

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

News Summary

  • Harbor Capital launched the Munificent Seven ETF (BBLS) to capitalize on surging AI power demand by investing in major energy producers like ExxonMobil.
  • The fund targets the physical infrastructure and electricity providers required to scale AI data centers alongside dominant chipmakers like Nvidia.
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