{"id":82609,"date":"2023-11-09T12:54:01","date_gmt":"2023-11-09T17:54:01","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/equinix-and-vertiv-stock-prices-could-rise-on-generative-ais-energy-use\/"},"modified":"2023-11-09T12:54:05","modified_gmt":"2023-11-09T17:54:05","slug":"equinix-and-vertiv-stock-prices-could-rise-on-generative-ais-energy-use","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=82609","title":{"rendered":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use"},"content":{"rendered":"<div>\n<p>Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can supply it. Experts estimate a huge energy gap. Those who close it will profit.<\/p>\n<p>One expert, Forrester Research<fbs-ticker data-name=\"FORR\" data-href=\"https:\/\/www.forbes.com\/companies\/forrester-research\" data-type=\"stock\"><br \/>\n  FORR<br \/>\n <\/fbs-ticker> senior analyst Abhijit Sunil, told me in an October 20 interview, about two groups of publicly-traded companies \u2014 data centers and providers of so-called immersive cooling systems \u2014 that could benefit from the soaring demand for computing created by Generative AI.<\/p>\n<p>Publicly traded data centers include Equinix<fbs-ticker data-name=\"EQIX\" data-href=\"https:\/\/www.forbes.com\/companies\/equinix\" data-type=\"stock\"><br \/>\n  EQIX<br \/>\n <\/fbs-ticker>, Digital Realty, and Akamai. Publicly-traded providers of immersive cooling systems are Vertiv, Schneider Electric, and Lenovo, Sunil told me.<\/p>\n<p>Of these, Equinix and Vertiv appear to have the most upside investment potential due to their expectations-beating growth, market leadership, and significant investments to satisfy growing demand.<\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Generative AI\u2019s Recent And Projected Energy Demand<\/h2>\n<p>Generative AI has resulted in a significant increase in demand for energy. While experts agree on that point, they differ on how much energy demand will change in the future and what changes in technology will help to keep the demand for energy from outstripping the supply.<\/p>\n<p>Here is what I take away from their comments:<\/p>\n<ul>\n<li>Datacenter energy demand grew much faster than the ability to satisfy that demand with renewable energy.<\/li>\n<li>That trend is likely to continue over the next decade due to the power-hungry computing requirements to train and operate Large Language Models.<\/li>\n<li>New computing strategies and technological innovations could mute the growth in that energy demand.<\/li>\n<\/ul>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">Datacenter Energy Demand Growing Faster Than Renewable Supply<\/h3>\n<p>Datacenter energy demand by hyperscale data center providers \u2014 e.g., Microsoft, Google, Amazon, and Meta \u2014 has grown faster than the renewable energy supply. As Benjamin C. Lee, Professor, University of Pennsylvania Department of Electrical and Systems Engineering Department of Computer and Information Science, wrote me in an October 5 email, \u201cDatacenter energy usage has increased at astonishing rates.\u201d<\/p>\n<p>To back that up, Lee and Harvard professor David Brooks found between 2015 and 2021, operators of hyperscale datacenters increase their electricity usage at a 25% compound annual growth rate. Lee\u2019s email indicated this \u201cis a concern because investments in renewable energy have only grown by 7% per year on average, as reported by the U.S. Energy Information Administration (EIA).\u201d<\/p>\n<p>Lee expects hyperscale electricity demand to grow faster in the future. Since ChatGPT was launched after the time frame of their analysis, Lee does not know how much additional electricity consumption is due to Generative AI \u2014 which took off in November 2022 with the launch of ChatGPT. The effect of Large Language Models on electricity demand \u201cis not yet visible in sustainability reports, but the 25% historical growth likely provides a lower bound on future growth (i.e., numbers will only get bigger),\u201d Lee told me.<\/p>\n<p>The Inflation Reduction Act could spur further investment in renewable energy generation to \u201cmitigate the carbon footprint associated with electricity usage,\u201d Lee wrote. \u201cBut I believe growth in electricity demand will outpace growth in carbon-free supply for the foreseeable future,\u201d he concluded.<\/p>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">Generative AI Adoption Could Boost Energy Demand<\/h3>\n<p>Many analysts agree Generative AI will result in a significant boost to energy demand. They argue demand for ChatGPT and its peers will soar, Generative AI is a power hog, and the chips used to operate Generative AI models are energy-intensive. Despite their efforts to use more renewable energy, analysts suggest hyperscalers will need to use the traditional electricity grid to meet demand.<\/p>\n<p>Here are the key points:<\/p>\n<ul>\n<li><strong>AI adoption will grow rapidly in the next three years.<\/strong> AI adoption is just getting started. \u201cWe\u2019re maybe at 1% of where the AI adoption will be in the next two to three years,\u201d said Arijit Sengupta, founder and CEO of Aible, an enterprise AI solution company. \u201cThe world is actually headed for a really bad energy crisis because of AI unless we fix a few things,\u201d Sengupta told <em data-ga-track=\"ExternalLink:https:\/\/finance.yahoo.com\/news\/energy-consumption-to-dramatically-increase-because-of-ai-114541309.html\">Yahoo! Finance<\/em>.<\/li>\n<li><strong>ChatGPT 10 to 100 times more power hungry than email. <\/strong>Energy consumption will dramatically increase. University of Washington shows that hundreds of millions of queries on ChatGPT can cost the equivalent energy consumed by 33,000 US households \u2014 around one gigawatt-hour a day, according to <em>Yahoo! Finance<\/em>. A ChatGPT inquiry will \u201cprobably 10 to 100 times more power hungry\u201d than an email, Professor of electrical and computer engineering Sajjad Moazeni told <em>Yahoo! Finance<\/em>.<\/li>\n<li><strong>GPUs require up to 15 times more power. <\/strong>Data centers are increasingly shifted from simpler central processing units to to more advanced graphics processing units \u2014 made by companies such as Nvidia (NVDA) \u2014 which are the most energy intensive. \u201cGPUs consume 10 to 15 times the amount of power per processing cycle than CPUs do. They\u2019re very energy intensive,\u201d Brady Brim-Deforest, CEO of Formula Monks, an AI technology consulting company, explained to <em>Yahoo! Finance<\/em>.<\/li>\n<li><strong>Hyperscalers are investing in renewable energy to match their energy consumption.<\/strong> Google Cloud, Microsoft Azure, and Amazon Web Services all invest in renewable energy to match their annual electricity consumption. Microsoft&#8217;s Azure says it has removed as much carbon as it emitted \u2014 e.g., 100% carbon neutral \u2014 since 2012 and will be carbon negative by 2030. Amazon has said it expects renewable energy to power 100% of its operations by 2025. Google aims to achieve net-zero emissions across all of its operations by 2030, reported <em>Yahoo! Finance<\/em>. Lee said hyperscalers might need to draw energy from the grid \u2014 because they can\u2019t produce enough renewable energy during certain demand-intensive times of day. He is studying ways to shift computing to, say, the middle of the night when energy demand is lower, he told <em>Yahoo! Finance<\/em>.<\/li>\n<\/ul>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">Generative AI Computing Could Be Redesigned To Flatten Its Energy Consumption<\/h3>\n<p>Technical changes could flatten the growth of Generative AI computing\u2019s energy demand.<\/p>\n<p>One approach is to redesign how LLMs are built and operated. Generative AI systems perform three computing activities which consume roughly equal amounts of electricity. As Lee explained, based on results of a study co-authored with Facebook, these activities consumer the following percentages of total electricity:<\/p>\n<ul>\n<li><strong>Pre-processing: 30%. <\/strong>Pre-processing<strong> <\/strong>collects and prepares data for machine learning.<\/li>\n<li><strong>Training: 30%. <\/strong>Training<strong> <\/strong>learns the hundreds of billions of parameter values aimed at enabling a model to respond to queries with precision.<\/li>\n<li><strong>Serving: 40%. <\/strong>Serving deploys a trained model so users and applications can issue queries and receive responses.<\/li>\n<\/ul>\n<p>Changes to the ways training and serving are performed could alter Generative AI\u2019s demand for energy. Lee envisions less frequent training computations as increases in the size of LLMs result in diminishing marginal increases in model accuracy. Under this scenario, energy demand growth might slow down.<\/p>\n<p>However, a spike in demand for smaller models tuned to specific users and applications could lower the costs of building individual LLMs while increasing overall energy demand due to the computing requirements of satisfying the proliferation of demand for these \u201cmany mice,\u201d Lee noted.<\/p>\n<p>When it comes to serving LLMs, energy demand could increase or decrease. If most LLM queries are carried out through developers querying LLMs through application programing interfaces, Lee expects energy costs to rise. If AI is integrated into software \u2014 e.g., Microsoft Copilot \u2014 energy demand could flatten.<\/p>\n<p>New hardware could flatten growth in power consumption in the next decade. \u201cWe expect flat power consumption over the next decade. Older infrastructure is being discontinued. Newer chips are more energy efficient because they are more dense and consume less power,&#8221; Forrester\u2019s Sunil told me.<\/p>\n<p>The immediate problem of spiking Generative AI energy demand is \u201csomewhat overhyped,\u201d Sunil said. \u201cDespite the increase from the new workloads, the flat energy consumption is a result of the greater efficiency of new workloads,\u201d he added.<\/p>\n<p>Startups are working on ways to reduce Generative AI energy consumption.<strong> <\/strong>Using server resources only when needed \u2014 dubbed serverless technology \u2014 is one way to cut energy consumption. &#8220;We can literally cut down energy use &#8230; in these [types] of AI workloads by one-third by just moving to serverless,\u201d Aible\u2019s Sengupta told <em>Yahoo Finance<\/em>.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">How Investors Can Profit From Generative AI\u2019s Computing Demand Growth<\/h2>\n<p>Investors may be able to profit from Generative AI\u2019s hunger for computing power by investing in data centers and\/or publicly-traded providers of technology for cooling those data centers.<\/p>\n<p>One analyst sees data center operators as winners. \u201cThe actual data usage and how all this comes together is going to be more concentrated to a couple of companies out there,&#8221; Angelo Zino Vice President, Senior Industry Analyst at CFRA Research, told <em>Yahoo! Finance<\/em>.<\/p>\n<p>\u201cMore and more companies are essentially renting space in the cloud rather than kind of investing and building their own data centers, just because in the future I think it&#8217;s going to be a lot more costly in nature,\u201d he added.<\/p>\n<p>While growth in demand for data centers may be more self-evident, the demand for so-called liquid cooling is less obvious.<\/p>\n<p>Due to the amount of heat generated by densely packed servers doing calculations all day long boosts the amount of heat that must be eliminated to keep the equipment from overheating.<\/p>\n<p>Liquid cooling \u2014 which circulates water or other coolants through heat exchangers to absorb the heat generated by computer components \u2014 is more efficient than fans or air conditioning, KPMG managing director Brian Lewis told <em data-ga-track=\"ExternalLink:https:\/\/www.networkworld.com\/article\/3703293\/is-your-data-center-ready-for-generative-ai.html\">Network World<\/em>.<\/p>\n<p>Liquid cooling has practical implications for data center operators. &#8220;Liquid cooling adds weight because it is sitting on the floor and is embedded into the circuit boards. It is heavier than air cooled which has big fans blowing in the data center,\u201d Sunil told me.<\/p>\n<p>As I noted earlier, Equinix and Vertiv strike me as interesting investment opportunities in the datacenter and liquid cooling markets, respectively.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Equinix\u2019s Performance And Prospects<\/h2>\n<p>Equinix \u2014 a Redwood City, Calif.-based operator of 248 data centers in 31 countries \u2014 is a leader in the \u201cglobal colocation data center market,\u201d according to the company.<\/p>\n<p>Its recent performance and prospects appear compelling. In its third quarter \u2014 ending September 2023, Equinix reported strong growth \u2014 driven by \u201cintegration of AI into enterprise business strategies\u201d along with profit increases and winning new customers.<\/p>\n<p>Here are the key numbers from GuruFocus:<\/p>\n<ul>\n<li><strong>Q3 revenue: $2.06 billion<\/strong> \u2014 up 12% from the year before.<\/li>\n<li><strong>Q3 net income: $276 million<\/strong> \u2014 up 30%.<\/li>\n<li><strong>Q3 deals closed: 4,200<\/strong> \u201cacross more than 3,100 customers.\u201d<\/li>\n<li><strong>Q3 cash dividend: $4.26 per share<\/strong>, up 25%.<\/li>\n<li><strong>2023 revenue outlook: Between $8.166 and $8.206 billion<\/strong> \u2014 up between 12% and 13%<\/li>\n<li><strong>2023 adjusted EBITDA outlook: between $3.680 and $3.710 billion<\/strong> \u2014 up in the range of 14% and 15%.<\/li>\n<\/ul>\n<p>Equinix is proud of its results. \u201cWe delivered another solid quarter of results and continue to drive strong value creation on a per share basis, raising &#8230;our dividend for the full year,\u201d Charles Meyers, President and CEO, said in a statement.<\/p>\n<p>\u201cWe expect Equinix&#8217;s broad portfolio of offerings, in tandem with our key technology partners, will allow us to capture high-value opportunities across the AI value chain, positioning Platform Equinix to be the place where private AI happens and allowing customers to place compute resources in proximity to data,\u201d he added.<\/p>\n<p>Equinix is continuing to invest in global data centers. The company has 56 major projects underway across 39 markets in 23 countries. New projects added in the third quarter include \u201cnew builds in Madrid, Osaka, Sao Paulo, and Silicon Valley [and a] $42 million investment in its fourth International Business Exchange (IBX) data center in Mumbai,\u201d reported <em>GuruFocus<\/em>.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Vertiv\u2019s Performance And Prospects<\/h2>\n<p>Liquid cooling represents a fast-growing market opportunity and Vertiv is well-positioned to win. According to <em data-ga-track=\"ExternalLink:https:\/\/www.polarismarketresearch.com\/industry-analysis\/data-center-liquid-cooling-market\">Polaris Market Research<\/em>, the global data center liquid cooling market was valued at $1.81 billion in 2021 and is forecast to grow at a 24% average annual rate over the next five years.<\/p>\n<p>Vertiv \u2014 a Westerville, Ohio-based provider of cooling and power management technology for datacenter customers<em> <\/em>\u2014 posted better than expected results in its most recent quarter.<\/p>\n<p>Here are the key numbers:<\/p>\n<ul>\n<li><strong>Q3 revenue: $1.74 billion<\/strong> \u2014 up 17.6% from the year before, according to <em>Zachs Equity Research<\/em>.<\/li>\n<li><strong>Q3 earnings per share: $0.52<\/strong> \u2014 up 126% from 23 cents a share in the previous year\u2019s third quarter and 18.2% more than investors expected, according to <em>Zachs Equity Research<\/em><\/li>\n<li><strong>Fiscal 2023 revenue growth forecast: $6.82 billion <\/strong>up nearly 20% according to analysts polled by FactSet, reported <em data-ga-track=\"ExternalLink:https:\/\/www.investors.com\/research\/ibd-stock-of-the-day\/vertiv-clears-trendline-entry-eyes-flat-base-buy-point-in-188-year-to-date-rally\/\">Investor\u2019s Business Daily<\/em>.<\/li>\n<li><strong>Fiscal 2023 earnings per share forecast: $1.61<\/strong>,up 203% noted <em>IBD<\/em>.<\/li>\n<\/ul>\n<p>This fall Deutsche Bank and Evercore ISI expressed optimisim about Vertiv\u2019s stock<\/p>\n<p>Deutsche Bank wrote Vertiv &#8220;clearly caught the AI wave,&#8221; in a Sept. 14 research note. The firm \u2014 which raised its price target to $48 \u2014 sees potential for over 50% further upside \u201cif data center investments continue growing at a double-digit clip.\u201d<\/p>\n<p>Meanwhile, Evercore<fbs-ticker data-name=\"EVR\" data-href=\"https:\/\/www.forbes.com\/companies\/evercore\" data-type=\"stock\"><br \/>\n  EVR<br \/>\n <\/fbs-ticker> ISI wrote Vertiv is an industry leader. In an October 1 investor note, the firm wrote Vertiv \u201chas the top market share for thermal management solutions and is a powerhouse in the arena,\u201d according to an Oct. 1 note cited by <em>IBD<\/em>.<\/p>\n<p>Evercore added the company\u2019s association with Leibert \u2014 the inventor of precision cooling \u2014 gives Vertiv an advantage over rivals such as Eaton and APC. Moreover, Evercore &#8211; with a $50 price target on the company\u2019s shares \u2014 noted Vertiv offers contracts on energy savings \u201cto earn higher payouts, if a higher percentage of operating expenses is saved,\u201d <em>IBD<\/em> reported.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/petercohan\/2023\/11\/09\/equinix-and-vertiv-stock-prices-could-rise-on-generative-ais-energy-use\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can supply it. Experts estimate a huge energy gap. Those who close it will profit. One expert, Forrester Research FORR senior analyst Abhijit Sunil, told me in an October 20 interview, about two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-82609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=82609\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=82609\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-09T17:54:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-09T17:54:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1699552443_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1350\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82609#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82609\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use\",\"datePublished\":\"2023-11-09T17:54:01+00:00\",\"dateModified\":\"2023-11-09T17:54:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82609\"},\"wordCount\":2160,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82609#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82609\",\"url\":\"https:\/\/ifintechworld.com\/?p=82609\",\"name\":\"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-09T17:54:01+00:00\",\"dateModified\":\"2023-11-09T17:54:05+00:00\",\"description\":\"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82609#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82609\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82609#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld","description":"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=82609","og_locale":"en_US","og_type":"article","og_title":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld","og_description":"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can","og_url":"https:\/\/ifintechworld.com\/?p=82609","og_site_name":"iFintechWorld","article_published_time":"2023-11-09T17:54:01+00:00","article_modified_time":"2023-11-09T17:54:05+00:00","og_image":[{"width":1350,"height":900,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1699552443_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=82609#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=82609"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use","datePublished":"2023-11-09T17:54:01+00:00","dateModified":"2023-11-09T17:54:05+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=82609"},"wordCount":2160,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=82609#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=82609","url":"https:\/\/ifintechworld.com\/?p=82609","name":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-09T17:54:01+00:00","dateModified":"2023-11-09T17:54:05+00:00","description":"Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=82609#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=82609"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=82609#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Equinix And Vertiv Stock Prices Could Rise On Generative AI\u2019s Energy Use"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82609"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82609\/revisions"}],"predecessor-version":[{"id":82611,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82609\/revisions\/82611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/82610"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}