The GPT-5 era has arrived! Can it reignite the AI market once again?

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A $70 billion bet on AI and energy! In the Trump 2.0 era, these areas have become the focus of layout.

Overnight, according to media reports, Trump plans to announce on Tuesday in Pennsylvaniaan investment of $70 billion aimed at accelerating AI and energy layout.

The media pointed out that these investments will come from multiple companies.Covering the construction of new data centers, expansion of power generation capacity, upgrading of grid infrastructure, and related artificial intelligence training programs and apprenticeship programs.

According to reports, including $Blackrock (BLK.US)$ Larry Fink, $Palantir (PLTR.US)$ Alex Karp, Dario Amodei of Anthropic, $Exxon Mobil (XOM.US)$ Darren Woods, and $Chevron (CVX.US)$ Mike Wirth, a total of up to 60 AI and NENGYUANHANGYE executives are expected to attend.

This news has also stimulated a strong surge in AI concept stocks, nuclear power stocks, and more, such as $Palantir (PLTR.US)$ rising nearly 5% to reach a historical high, nuclear power stocks. $NuScale Power (SMR.US)$ 、 $Oklo Inc (OKLO.US)$ All have risen by more than 11%.

The market view is that this model clearly outlines Trump's thinking on AI development: by relaxing regulations, accelerating project approval processes, and creating a favorable business environment, it maximizes the investment vitality of the private sector, rather than having the government directly fund and take over.

This 'private sector first' strategy is expected to bring tremendous growth opportunities to publicly listed companies within the relevant Industry Chain.For example, data centers, power infrastructure, and AI chip and software service providers may all become beneficiaries of this wave of AI.Specifically:

Data Centers

Futubull has organized the AI data center Industry Chain for mooers' reference:

In terms of chips,investors can focus on $NVIDIA (NVDA.US)$ 、 $Broadcom (AVGO.US)$ 、 $Marvell Technology (MRVL.US)$ 、 $Intel (INTC.US)$ 、 $Micron Technology (MU.US)$ 、 $Advanced Micro Devices (AMD.US)$ such chip giants.

In terms of IT infrastructure, focus on servers $Dell Technologies (DELL.US)$ 、 $Super Micro Computer (SMCI.US)$ 、 $Hewlett Packard Enterprise (HPE.US)$ ; networks $Cisco (CSCO.US)$ 、 $Arista Networks (ANET.US)$ and storage $Everpure (PSTG.US)$ 、 $NetApp (NTAP.US)$ And so on.

In terms of data centers,Pay attention $Microsoft (MSFT.US)$ 、 $Alphabet-A (GOOGL.US)$ 、 $Amazon (AMZN.US)$ 、 $Meta Platforms (META.US)$ 、 $Oracle (ORCL.US)$ 、 $CoreWeave (CRWV.US)$ 。

Data center developers and operatorsShould pay attention to $Digital Realty Trust Inc (DLR.US)$ 、 $Equinix Inc (EQIX.US)$ 、 $DigitalBridge Group (DBRG.US)$ 。

Hyperscale enterprisesIncluding $Microsoft (MSFT.US)$ 、 $Amazon (AMZN.US)$ 、 $Alphabet-A (GOOGL.US)$ 、 $Oracle (ORCL.US)$ etc.;

AI Cloud ServicesFollow NVIDIA's three computing treasures. $CoreWeave (CRWV.US)$ 、 $NEBIUS (NBIS.US)$ 、 $Applied Digital (APLD.US)$ ；

In addition,Like electrical equipment $Eaton (ETN.US)$ 、 $GE Vernova (GEV.US)$ AndLiquid cooling service providers $Vertiv Holdings (VRT.US)$ 。

Power infrastructure

It is worth noting that Trump and other government officials have also emphasized the importance of meeting another priority for the Technology industry:ensuring that the United States has enough power to operate energy-intensive AI data centers.

Therefore, energy has become an indispensable part of data centers, such as $GE Vernova (GEV.US)$ 、 $First Solar (FSLR.US)$ 、 $Enphase Energy (ENPH.US)$ 、 $NextEra Energy (NEE.US)$ ; in the Oil & Gas sector. $Exxon Mobil (XOM.US)$ 、 $Chevron (CVX.US)$ ; and nuclear power stocks $NuScale Power (SMR.US)$ 、 $Oklo Inc (OKLO.US)$ 、 $NANO Nuclear Energy (NNE.US)$ 、 $BWX Technologies (BWXT.US)$ 。

Specifically, the vigorous development of AI is turning data centers into major energy consumers. The growth rate of their electricity demand has outpaced that of electric vehicles, hydrogen energy, and other emerging industries. It is expected that by 2035, data centers will account for 8.6% of the total electricity demand in the United States, more than double the current 3.5%.

Bloomberg New Energy Finance (BNEF) predicts that by 2035, electricity demand from data centers in the United States will more than double, increasing from nearly 35 GW in 2024 to 78 GW. The actual energy consumption growth will be even more rapid, with average hourly electricity demand expected to nearly double, increasing from 16 GW in 2024 to 49 GW in 2035.

Source: BNEF

Wall Street generally believes that, the ideal alternative energy source is nuclear energy, because it provides stable, pollution-free electricity and reduces overall decarbonization costs by limiting investment in the grid and the need for Battery storage to transmit and consolidate the supply of solar and wind energy. Therefore, nuclear power stocks are also expected to experience a strong uptrend.

Trump previously announced a new nuclear power policy:the plan is to launch the construction of 10 large nuclear power plants by 2030 and quadruple the U.S. nuclear power capacity by 2050. This news has also stimulated a surge in some nuclear power Concept stocks.

According to a Research Report from Guosheng Securities, the SMR nuclear power Industry Chain covers all aspects from upstream fuel uranium ore, mid-stream research and construction, to downstream operation and waste management.

Upstream: Raw materials and processing

The upstream Industry Chain mainly involves the supply of basic raw materials, key equipment, and nuclear fuel necessary for nuclear energy development, primarily including uranium mining and uranium enrichment.

Specifically, uranium mining includes $Cameco (CCJ.US)$ 、 $Uranium Energy (UEC.US)$ 、 $Energy Fuels (UUUU.US)$ 、 $Denison Mines (DNN.US)$ 、 $NexGen Energy (NXE.US)$ ; nuclear fuel processing $Centrus Energy (LEU.US)$$ 。

Midstream: Design, Research & Development and Construction.

Midstream includes design, research & development, and construction. Among them,

$NuScale Power (SMR.US)$ is the first publicly listed SMR nuclear power company, with its core product being the SMR power module;

$Oklo Inc (OKLO.US)$ focuses on the development of small modular reactors (SMR), and has received investment from Sam Altman, the 'father of ChatGPT';

$NANO Nuclear Energy (NNE.US)$ with a focus on developing small modular reactors, its main business covers four SMR-related areas, including manufacturing, fuel, transportation, and other links, aiming to create a diversified vertically integrated Industry Chain;

$BWX Technologies (BWXT.US)$ emphasizes the manufacturing of nuclear reactor components and nuclear technology, with the main difference from SMR/OKLO being that BWXT is a large equipment supplier and technology service provider, primarily providing nuclear reactor components, nuclear fuel, and defense-related nuclear technology for government and commercial sectors, including clients like the U.S. government (such as providing nuclear reactors for naval submarines).

Downstream: Operation, Sales, and Waste Disposal.

Downstream is mainly for the operation of nuclear power plants and energy supply.Participants include $Constellation Energy (CEG.US)$ 、 $Vistra Energy (VST.US)$ 、 $American Electric Power (AEP.US)$ 、 $Southern (SO.US)$ 、 $Exelon (EXC.US)$ 、 $Duke Energy (DUK.US)$ 、 $Entergy (ETR.US)$ 、 $Public Service Enterprise Group (PEG.US)$ And so on.

In addition, electrical and electrical equipment includes $GE Vernova (GEV.US)$ 、 $Eaton (ETN.US)$ 、 $Honeywell (HON.US)$ 、 $Emerson Electric (EMR.US)$ 、 $Graham (GHM.US)$ And so on.

Goldman Sachs' latest Research Reports on the Nuclear Industry point out that the global uranium market is heading towards a structural shortage era. This trend will begin to accelerate in 2025, and by 2040, the global uranium gap will reach 0.13 billion pounds.At the same time, the demand for nuclear power is surging in the AI era, leading to a full-scale explosion of global nuclear power installations.

Analysis points out that the imbalance of uranium supply and demand, the surge in nuclear power demand, and other electrification trends will together drive the investment value of the nuclear energy Industry Chain. Zerohedge states,The nuclear power theme is expected to continue outperforming the market in the 2030s, and it is likely to extend into the 2040s.

AI software

By 2025, investors will shift from AI infrastructure to broader promotion and monetization of AI 'third phase' applications.

This includes,AI + data analysisthe $Palantir (PLTR.US)$ 、 $Cellebrite (CLBT.US)$ 、 $Elastic (ESTC.US)$ ；

AI + Cloud Servicesthe $ServiceNow (NOW.US)$ 、 $CommVault Systems (CVLT.US)$ 、 $Datadog (DDOG.US)$ 、 $Cloudflare (NET.US)$ 、 $Snowflake (SNOW.US)$ 、 $MongoDB (MDB.US)$ 、 $Confluent (CFLT.US)$ 、 $Gitlab (GTLB.US)$ 、 $Fastly (FSLY.US)$ ；

AI + Digital Advertising and Marketing. $Applovin (APP.US)$ 、 $The Trade Desk (TTD.US)$ 、 $Digital Turbine (APPS.US)$ 、 $Klaviyo (KVYO.US)$ 、 $Zeta Global (ZETA.US)$ 、 $Braze (BRZE.US)$ 、 $Adobe (ADBE.US)$ 、 $Twilio (TWLO.US)$ 、 $Life360 (LIF.US)$ ；

AI + Enterprise Solutionsthe $Doximity (DOCS.US)$ 、 $Workday (WDAY.US)$ 、 $Automatic Data Processing (ADP.US)$ 、 $Zoom Communications (ZM.US)$ 、 $SAP SE (SAP.US)$ ；

AI + Project Management $monday.com (MNDY.US)$ 、 $Atlassian (TEAM.US)$ 、 $Asana (ASAN.US)$ ；

AI + Sales and Marketing Platform $HubSpot (HUBS.US)$ 、 $Salesforce (CRM.US)$ ；

AI + IoT $Samsara (IOT.US)$ AI + Online Education $Duolingo (DUOL.US)$ 。

The $70 billion AI and NENGYUANHANGYE investment announced by Trump not only demonstrates full confidence in the private sector, but also highlights a deep insight into energy bottlenecks and the layout of the political landscape.

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