AI trade moves from chips to electricity: Why 7 power stocks are gaining Wall Street attention with gains up to 86%

AI-driven electricity demand is turning US power producers, grid contractors and electrical equipment makers into a new leg of the AI investment trade alongside chip stocks. US power use is projected to rise from a record 4,195 billion kWh in 2025 to 4,397 billion kWh in 2027, with data-centre power demand expected to rise 50 percent by 2027 per Goldman Sachs. Key beneficiaries named include Constellation Energy, Vistra, GE Vernova (up around 60 percent YTD), Eaton, Vertiv, Schneider Electric (up 86 percent YTD) and Quanta Services.