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Barchart
Barchart
Sristi Suman Jayaswal

Is This Breakout Utility Stock a Hidden Gem in AI Infrastructure?

In the fast-paced artificial intelligence (AI) world, utility companies are the powerhouses behind the scenes, fueling the data centers that propel AI forward. The massive computing power required to train AI models highlights that AI and energy are intertwined. Without a steady flow of energy, AI's potential takes a hit – basically, No Energy, No AI. According to Wells Fargo (WFC), AI data centers alone are expected to add about 323 terawatt hours of electricity demand in the U.S. by the decade's end.

Located in the heart of Virginia's thriving data center scene, Dominion Energy, Inc. (D) emerges not just as an essential provider of watts but also as a vital spark igniting sustainable AI revolutions.

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