Friday, November 22, 2024

How much power are data centers using?

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Tech companies are scrambling for energy sources to power their data centers amid the rapid growth of AI. The AI craze boosted utility stocks this year, making it the third best-performing sector in the S&P 500 (^GSPC).

Catalysts Host Madison Mills joins Morning Brief to break down a map from Apollo Global Management showcasing where data centers are located across the United States and their share of total power consumption.

Note: Apollo Global Management is Yahoo Finance’s parent company.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl

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