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Becker
@beckerinvestor · Nov 17

Do you have energy-sector stocks in your portfolio that could benefit from the growth of large data centers and AI?

I read an interesting post here about Siemens Energy ($ENR.DE), which has surged this year and is incredibly strong. These companies will now be hugely important for firms that build data centers and develop their own AI.

MB
Money Breaker @moneybreaker Nov 18

This sector needs to grow at about the same rate as AI companies; otherwise there won’t be enough energy and it won’t be able to operate.

AR
Aisha Rahman @aishar Nov 18

I have Chevron as a dividend stock

LM
Lucas Meyer @lucasm Nov 18

I only hold shares of $NEE, and it's questionable whether NextEra Energy will actually benefit significantly from AI, since the benefits of this technology for a predominantly regulated energy business remain rather uncertain for now.

AW
Ava White @avaw Nov 18

As far as I know, Siemens Energy (SE) focuses on fossil fuels, so I hope the energy sector will move more toward nuclear power—ideally modular reactors. SE was loss-making until recently and now has net margins of only about 3%. It more or less makes turbines at a loss and mainly earns from service. I must admit I don’t understand that growth at all, so I’m quite likely overlooking something fundamental.