Beyond Nvidia: AI Could Fuel High-Powered Growth for These Underappreciated Stocks.
Nvidia has been one of the primary beneficiaries of the artificial intelligence (AI) megatrend. Its chips have been in high demand, which is powering tremendous revenue and earnings growth for the semiconductor company. It has made Nvidia one of the most highly valued companies in the world.
However, Nvidia isn't the only company benefiting from the AI boom. The AI training models and applications that run on its chips reside in data centers. Those facilities are power-hungry buildings, especially when they support AI.
Because of that, power demand could surge in the coming years. That should benefit energy stocks, including the underappreciated natural gas sector. Here are a couple of ways to play the potential AI-fueled boom in natural gas demand.
Source Fool.com
