Unlocking the Potential of AI Utilities in Driving Tech Innovation

Thursday, 11 July 2024, 20:26

Discover why the focus on utilities in AI holds the key to expanding tech horizons. Learn from CIO Kevin Mahn about the untapped potential of utilities in fueling the growth of AI technologies. Explore the market insights and investment opportunities linked to utilities as a long-term play for AI advancement.
Yahoo Finance
Unlocking the Potential of AI Utilities in Driving Tech Innovation

The Next Big Thing in AI: Utilities Expansion

The AI trade continues to evolve, driven by Big Tech names defying expectations and pushing the boundaries of growth. Companies are now looking at utilities as a crucial element in powering the next generation of tech.

Insight from CIO Kevin Mahn

In a recent interview, Hennion & Walsh CIO Kevin Mahn shed light on the significance of utilities in fueling the AI landscape. He emphasized the growing importance of energy solutions in supporting the massive algorithms driving AI innovations.

  • Opportunity in Utilities: Mahn suggests that now is the time to consider utilities (XLU) as a strategic long-term play for AI investments.
  • Valuable Investments: Utilities offer attractive valuations, dividends, and resilience against economic downturns, presenting a lucrative opportunity for tech investors.
  • Future Growth Prospects: Investing in utilities not only provides stability but also aligns with the infrastructure supporting AI advancements, offering significant upside potential.

For more expert insights and market analysis, watch the full episode of Market Domination for actionable guidance in navigating the evolving tech landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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