What the election means for AI Stocks

One of the Top Beneficiaries of the AI Energy Boom

With growing, explosive demand for artificial intelligence, electricity demand could double by 2030, according to the Electric Power Research Institute. They added that AI queries “require approximately ten times the electricity of traditional internet searches and the generation of original music, photos, and videos requires much more.”

 

In addition, according to the World Economic Forum, to achieve a tenfold improvement in AI model efficiency, the computational power demand could surge by up to 10,000 times. Since the energy required to run AI tasks is already accelerating with an annual growth rate between 26% and 36%, by 2028, AI could be using more power than Iceland used in 2021.

That being said, one of the top stocks to keep on the watch list is AES Corp. (SYM: AES).

In fact, according to Morgan Stanley, “AES remains well positioned to serve data center renewables demand, where it still sees robust interest and upward pressure to returns,” as quoted by CNBC.

“AES is viewed as a key partner for the tech sector because the company executes on time and budget, having never canceled a project, the analyst wrote. It has a renewable pipeline of 66 gigawatts, the majority in the U.S., with 75% located in data center growth areas.”

Last trading at $16.72, we’d like to see AES rally back to $20.50 initially.

 

Related Read: Post-Election AI Stocks: The Opportunity You Need To Pay Attention To

AI stocks are hot, but the real heat could come right after the election.

The incoming president could trigger a new wave of AI investments, sending select companies to the moon. 

We’ve seen AI disrupt industries like retail and manufacturing, but what’s coming next in this new industry could be game-changing.

Those who moved early on past tech innovations reaped the rewards. 

Now, you have a rare chance to potentially do the same with this next AI surge.

Do your due diligence before Wall Street catches up before it is too late.

The AI revolution is far from over—do you want to be a part of it?

Discover the stock poised to lead this next wave of winners post-election.

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We are issuing this disclosure in compliance with Section 17(b) of the Securities Act, which requires us to disclose any compensation received or expected to be received in cash or in kind in connection with the purchase or sale of any security.

We would like to inform you that we have received or expect to receive compensation in connection with the purchase or sale of the securities of Knightscope, Inc. (NASDAQ: KSCP). The compensation consists of up to $3,000 and was received/will be received from Market Jar Media.

This compensation should not be considered as an endorsement of the securities of adviser Knightscope, Inc. (NASDAQ: KSCP) and we are not responsible for any errors or omissions in any information provided about the securities of Knightscope, Inc. (NASDAQ: KSCP) by Street Signals and Market Jar Media.

We encourage you to conduct your own due diligence and research before making any investment decisions. You should also consult with a financial advisor before making any investment decisions.

This disclosure is made as of 9/16/24.

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