Is energy the gateway into the AI trade?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Tim Kramer News

Energy Sector,Electricity Consumption

With the AI boom propelling markets, investors might seek alternative avenues to capitalize on this emerging trend. CNIC Funds CEO Tim Kramer joins Wealth...

With the AI boom propelling markets, investors might seek alternative avenues to capitalize on this emerging trend. CNIC Funds CEO Tim Kramer joins Wealth! to explore why the energy sector could present an enticing entry point into the AI trade.

And then with that product, it gives you the ability to actually um basically go along the electrification of America. Now they're trying to look at some of the more, you know, common things such as electricity or uh firms that might be providing, you know, cable copper uh transmission to the, the data centers.

But we, we had never talked about what the chips in the data centers sit on top of which is real estate, which is utilities and power that goes into all of these things as well here. You get to have a contract in your left hand that says you're able to pay for any system upgrades or transmission enhancements that might be needed due to your data center.TFSA: 2 Canadian Stocks to Buy and Hold for Tax-Free Gains

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines