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News  ›  Benzinga

Kevin O'Leary Issues Stark Warning On US Energy Grid Vs. China: 'A Big Problem' For AI Boom

Benzinga Logo Benzinga By Rishabh Mishra
Kevin O'Leary Issues Stark Warning On US Energy Grid Vs. China: 'A Big Problem' For AI Boom

Kevin O'Leary warns that the US energy grid is critically unprepared to support the AI boom, with China adding 500 gigawatts of power capacity in the last 24 months while the US has added zero. He argues that without massive infrastructure upgrades, the US cannot sustain energy-hungry data centers needed for AI advancement. O'Leary also criticizes current tariff policies as inflationary and expresses skepticism about near-term rate cuts.

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AMLP   positive

Energy infrastructure ETF positioned to benefit from the urgent need for power grid expansion and upgrades highlighted by O'Leary's warning about critical energy shortages.