Oil's price spike is bad news for power-hungry AI

Oil's price spike is bad news for power-hungry AI

AI data centers are highly energy-intensive, making them vulnerable to rising power costs. Andrew Caballero-Reynolds/AFP/Getty Images Oil's price surge is rattling chip stocks and raising AI cost fears. Rising energy prices could slow AI expansion and pressure corporate margins. Qatar's LNG shutdown is also tightening helium supply, which is critical to chipmaking. Oil's sharp rally amid the Iran war has injected fresh volatility into semiconductor stocks and raised new questions about the ...