In a recent CNBC discussion, Jared Cohen from Goldman Sachs discussed AI’s demand for data centers and the need for reliable energy. He emphasized that the U.S. must collaborate internationally due to energy constraints, highlighting a need for an additional 35 gigawatts of power for AI centers. Alphabet Inc (GOOG) is spotlighted for its AI impact, as its latest report showed a positive effect on its search business, though challenges remain. With significant growth in YouTube Ads and Google Cloud, Alphabet shows promise. However, concerns around AI infrastructure costs affect its stock value. Although GOOG ranks high among AI stocks, other underrated options might offer quicker returns. For more, read the full article on Insider Monkey.
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