Techdamentals
Oct 19, 4:29 PM
$CEG operates nuclear plants and has signed deals to supply electricity directly to AI data center operators, placing it at the center of the power demand Fed Chair Kevin Warsh describes as part of the AI demand shock.
Nuclear plants provide steady, round-the-clock power that data centers need, and as more operators compete for that supply, the price of securing dedicated generation rises, a demand-side cost tied directly to the buildout.
Warsh and Chicago Fed's Goolsbee disagree on whether this is temporary or broader overheating.
Full explainer, plain English: https://www.youtube.com/watch?v=1I-SoezTEJc&t=159s
Educational, not advice.
https://techdamentals.com/newsletter/what-kevin-warsh-and-the-fed-said-about-ai-rates-and-inflation?ref=st
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