Time to step back from your Nvidia (NVDA) obsession for just a moment.
AI is changing the data center landscape and unearthing an entirely new avenue of infrastructure demands — a hidden investment opportunity that’s currently under-appreciated by Mr. Market, according to Morgan Stanley.
The under-the-radar play: Power generation producers.
“The opportunity is around infrastructure… everything from power generation, power electronics, data centers — that growth rate is set to accelerate,” Morgan Stanley’s Stephen Byrd told Yahoo Finance Live (video above).
Generative AI processing, which is typically done on graphics processing units (GPU), requires way more power given higher computational requirements. That need for more power is fueling rapid growth of data centers across the country, which are pressuring the nation’s already strained power grid.
“Data centers not…
