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Barchart Insights

The AI Pick-and-Shovel Trade Hiding in Plain Sight: Stocks & ETFs to Invest in Water

If you were surprised to see Microsoft (MSFT) executive Brad Smith emerging this week as the new champion of “AI-First Community Infrastructure,” consider this: “At least 25 data center projects were canceled last year following local opposition in the United States,” according to Heatmap’s analysis of the data. Plus, they note, “data center cancellations due to local opposition have quadrupled in just the past 12 months.”

Harnessing Soft Power for AI

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