Sector · 3 names
Power generators
Power producers selling firm output to data centres on long contracts. The same companies sit on the nuclear screen.
What matters here
Contracted data-centre megawatts at prices above the market. These trade on power prices and AI demand; value them like utilities, on EV/EBITDA and earnings.
Every name in the sector, total return
Total return in USD, on a log scale · grey is semiconductors (SMH)