Geothermal technology is in the early stages of its own shale revolution, Morgan Stanley says.
An overlooked energy source could solve AI’s power crunch — and these 2 stocks are prime plays
In short
The energy source is drawing increased attention as a potential solution to power shortages driven by the rise of artificial intelligence. Geothermal technology is currently in the early stages of its own shale revolution, according to Morgan Stanley. This advancement positions the sector to help address the immense electricity needs associated with modern computational growth.
Key points
- Underground thermal power is positioned to help solve electricity deficits driven by arti…: Underground thermal power is positioned to help solve electricity deficits driven by artificial intelligence.
- Morgan Stanley views geothermal innovation as mirroring the early days of the shale boom.: Morgan Stanley views geothermal innovation as mirroring the early days of the shale boom.
- The acceleration of artificial intelligence relies on discovering new sources to address…: The acceleration of artificial intelligence relies on discovering new sources to address power shortages.