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Business
from24/7 Wall St.
6 days ago

Howmet Aerospace and GE Vernova Stocks Are Up Big in 2026, Extending Massive Rallies

Howmet Aerospace and GE Vernova are rallying due to global power demand driven by data centers and AI infrastructure, positioning them as critical suppliers in energy generation and industrial equipment.
fromBusiness Insider
5 months ago

Data centers in one nation are driving power demand like nowhere else

"After analyzing a detailed pipeline of data center projects, we predict an average global growth rate of 17% per year in data-center-related power demand between 2022 and 2030," the report states. In the US, that average growth rate jumps to 25%. By 2030, data centers could account for more than 14% of the US's total power demand, even with gains in energy efficiency from new chips and sustainable data center infrastructure.
Environment
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