Is CEG a strong AI data centre power demand trade idea?

Is CEG a strong AI data centre power demand trade idea?

Constellation Energy Corporation, ticker CEG, has become one of the most closely watched stocks linked to the artificial intelligence power demand theme. The logic is simple. AI needs data centres. Data centres need vast amounts of reliable electricity. Reliable, clean, around-the-clock electricity is becoming harder to secure. Constellation owns one of the most important nuclear power fleets in the United States. That makes CEG more than a stan…

Constellation Energy: a smart play on the AI energy race

Baltimore-based Constellation Energy, a $90 billion company, generates electricity on a vast scale. And AI's voracious appetite means that electricity is now becoming a very valuable commodity, and the companies that can generate it reliably, cleanly and at scale will see a lot more attention than they're currently getting.Investors have re-priced entire industries, assuming AI will transform the global economy. Electricity gets less attention, …