Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
1. CVX plans to build gas plants for AI data centers. 2. This move positions CVX at the nexus of energy and tech.
FAQ
Why Bullish?
Investing in infrastructure for tech will likely boost CVX's long-term growth potential.
How important is it?
This initiative aligns CVX with growing tech demands; significant long-term implications.
Why Long Term?
Building plants takes time; potential returns will materialize gradually.