As AI develops, a shift in expectations for electricity demand is becoming more evident. The emergence of Chinese artificial intelligence company DeepSeek has led to uncertainty about future electricity consumption, impacting utility and power stocks.
Investors in the traditional power and utilities sector are facing uncertainty after riding last year's wave of soaring demand projections. The rapid expansion of energy-intensive data centers—critical to AI and other tech innovations—had fueled a surge in power stocks. However, the question mark on this forecast has brought power-focused ETFs back into the limelight for the wrong reasons. Although experts...
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