By Michael Lebowitz – Real Investment Advice
Some winners from the artificial intelligence (AI) and electric vehicles (EV) boom are easy to spot. For instance, shares of Nvidia, Microsoft, Tesla, and other companies have posted significant gains, anticipating a surge in future revenue and profits.
The development of AI data centers and the continued growth of EVs will benefit industries and companies that are not yet as closely followed. As a result, the stock prices of some companies in these industries may have some catching up with those mentioned above.
This article focuses on the potential beneficiaries of the significant investment necessary to upgrade, expand, and run the nation’s power grid to accommodate AI data centers and the continued growth of EVs.