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The Power Sector Loves Big Tech’s Billion-Dollar Data Center Plans

Summary by heatmap.news
Big Tech said this week that it’s going full steam ahead with building out data centers, and the power industry loves it. Since Microsoft and Meta reported their earnings for the beginning of the year on Wednesday, including announcements either reaffirming their guidance on capital expenditures or even increasing it, power sector stocks have jumped.Shares of Vistra, which has a fleet of power plants including nuclear, natural gas, coal, and ren…

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datacenterknowledge.com broke the news in on Thursday, May 1, 2025.
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