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Electric utilities emerge as Wells Fargo's pick for clients seeking exposure to surging AI and data center power demand. (Image: Shutterstock)
AI's Hidden Bottleneck Is Power, And Wells Fargo Knows Who Profits
Jun 05, 2026
Wells Fargo Advisors names electric utilities as the chief beneficiary of AI and data center spending now driving stock market performance, pointing to dividend yields near 3%. Key Points: Wells Fargo Advisors ties recent stock market strength to spending on AI and data centers. The firm calls elect

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