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.
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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.