エヌビディアの半導体より足りない「電力」！AIデータセンター建設ラッシュで注目集める電力株は？業績見通しもチェック！
AIブームのけん引役である米ビッグテックがAI向け投資をさらに増やす計画だ。各社が直近の決算発表で明かした。テック大手の投資拡大を背景に、「米各地でデータセンターの建設が加速」According to the Wall Street Journal (WSJ), it was reported that the benefits can be expected. $NVIDIA (NVDA.US)$ Semiconductor stocks, led by , rebounded after the earnings reports of big tech companies. This is because a large amount of semiconductors is needed for AI data processing in data centers.
On the other hand, in this earnings seasonIn terms of industry-specific performanceElectrical utilities stocksutilities with a high composition ratio ofoutperformed semiconductor stocks and jumped into first place.It has been revealed that AI data centers consume a large amount of electricity.Because of this.Multiple power companies have indicated in their earnings reports that the demand for electricity for data centers is expected to increase over the next few years.These.Let's check the performance outlook for these hidden AI-related stocks.。
During this earnings period. $Vistra Energy (VST.US)$ and $The AES Corp (AES.US)$ 、 $NextEra Energy (NEE.US)$ 、 $NRG Energy (NRG.US)$ 、 $Constellation Energy (CEG.US)$ 、 $Public Service Enterprise Group (PEG.US)$ Electrical utilities stocks, such as, have seen a consistent increase in stock prices of over 10%.
The strong performance of electrical utilities stocks can be attributed to the expectation of increased power demand due to the construction boom of data centers.The USA, which has the most data centers.So,There is a possibility that the percentage of electrical consumption by those data centers will increase from 4% in 2022 to 6% by 2026, as stated by the International Energy Agency (IEA) (WSJ report). This was also indicated from the earnings reports of each electrical utility company.Vistra (VST) indicated in its earnings announcement material on May 8th that there could be an additional demand of 35 gigawatts by 2030 due to the operation of data centers.
This could be caused by the operation of data centers.This could be caused by the operation of data centers.This could be caused by the operation of data centers.
Also,電力会社が「データセンター」について言及した回数は、前回の決算発表時に急上昇したが、今回はそれを上回る高水準となった。
AI銘柄の代表格である $NVIDIA (NVDA.US)$ は、AI半導体を大量に出荷する前に決算発表で「AI」への言及が急増していた。それゆえに、アナリストたちは頻出ワードに注目しており、それに関する経営陣のコメントを一つの判断材料としている。
以下では、データセンターに言及した回数の多い米電力会社のうち、業績見通しが堅調な5銘柄を取り上げる。株価はすでに年初から上昇しているため、利益確定売りに伴うスピード調整も想定されよう。他方、データセンターの建設ラッシュと好調な業績見通しを踏まえると、上昇トレンドは維持される可能性があろう。
Performance Outlook:：Adjusted EPS for the fiscal year 2024.supports the regulatory framework for cryptocurrencies.Expected to increase by 91% compared to the previous year
(EPS refers to earnings per share, based on market estimates from Bloomberg, as follows)
Overview:A company related to electrical utilities. It owns and operates a decentralized portfolio primarily composed of power plants in the USA.
Management comments (related to data centers):：
Management comments (related to data centers):：
The increase in electrical demand due to the expansion of AI data centers is a precursor to innovative changes in the trend of electrification.
According to our forecast, a growth of 1.5% to 2% annually is expected until 2028, much of which we believe will be brought about by unprecedented economic development from AI manufacturing to semiconductor manufacturing, AI data centers, EV and battery manufacturers, and auto manufacturers.
One data center customer has approached the company about tripling the capacity of their existing facilities over the next three years.
Performance Outlook:：Adjusted EPS for the fiscal year 2024.supports the regulatory framework for cryptocurrencies.Expected to increase by 51% compared to the previous year
Overview:A US electrical utilities company. Included in the S&P 500 index constituents starting from May 8th.
Management comments (related to data centers):：
Management comments (related to data centers):：
According to third-party research, the operation of datacenters may create additional demand for electricity, potentially reaching 35 gigawatts by 2030. In the regions where our services are provided, there are multiple factors driving demand beyond datacenters.
One factor contributing to the expansion of demand is the impact of the chip law. As can be seen from the construction of multiple large-scale semiconductor manufacturing bases, it is expected that the increase in power demand of about 20 gigawatts in West Texas by 2030 will be due to continuous domestic regression of industrial activities.
Performance Outlook:：Adjusted EPS for the fiscal year 2024.supports the regulatory framework for cryptocurrencies.The outlook is for a 45% increase compared to the previous year.
Overview:An energy company that produces carbon-free energy and sustainable solutions. It owns 25% of nuclear power plants in the United States and supplies energy to more than 20% of major commercial and industrial customers in the United States.
Management comments (related to data centers):：
Management comments (related to data centers):：
The level of interest from datacenter customers is unprecedented in the past 20 years. The data economy and our nuclear energy are as compatible as peanut butter and jam.
It is possible that the nuclear reactor datacenter will start operation from 2026 to 2028 and then expand.
We are negotiating with several major well-known companies and other clients that you all know to meet their needs. The negotiations are not yet concluded, but we expect to be able to conclude contracts that have long-term and transformative value.
Performance Outlook:：Adjusted EPS for the fiscal year 2024.supports the regulatory framework for cryptocurrencies.Expected to increase by 11% compared to the previous year.
Overview:Energy holding company. It owns public utilities in northern and central California, and is involved in power generation, power procurement, transmission, distribution, natural gas procurement, transportation, and storage.
Management comments (related to data centers):：
Management comments (related to data centers):：
Datacenters are the key to the competitiveness of the United States and the deployment of AI, and we are actively working to support their expansion.
Performance Outlook:：Adjusted EPS for the fiscal year 2024.supports the regulatory framework for cryptocurrencies.It is expected to increase by 9% compared to the previous year.
Overview:A sustainable energy generation and sales company. They specialize in wind, solar, and natural gas power generation.
Management comments (related to data centers):：
Management comments (related to data centers):：
I believe there is no company better positioned than us to fully leverage the demand for datacenters. Our competitive advantage in terms of scale, experience, and technology has created long-term visibility into demand trends. Customers are seeking integrated solutions to solve long-term issues, and we are the perfect partner for such customers.
Given that the stock prices of the above-mentioned power stocks have already risen since the beginning of the year, it is anticipated that there will be speed adjustments accompanying profit-taking selling.Considering the benefits and positive outlook due to the construction boom in data centers, there is a possibility that the upward trend will be maintained.。
Created on May 17, 2025
Market Analyst: Amelia
Birth: Company materials and Bloomberg, created by moomoo Securities
Birth: Company materials and Bloomberg, created by moomoo Securities
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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tosh_1101 : Wow
181365825 : That was a great article