This Utility Stock Is Soaring on a Takeover Report. Why It Could Be an AI Play
1. AES is in talks for a $38 billion acquisition by BlackRock's GIP. 2. AES shares jumped 16% after acquisition news surfaced. 3. The deal includes AES's significant $29 billion debt burden. 4. AES powers AI data centers for major tech firms like Google and Amazon. 5. Growing interest in renewable energy is linked to AI and cryptocurrency demand.