Powering AI — the energy behind the AI boom

15 names · combined market cap $743B · sector P/E ~29.1× · part of the Santro AI 101-name universe

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AI's hardest bottleneck isn't chips — it's power. Training and serving large models needs enormous, reliable electricity, and the market has repriced the companies that generate it, move it, and fuel it. This basket tracks that trade end to end: nuclear and independent power producers signing data-center deals, the turbine and electrical-equipment makers working through multi-year backlogs, the uranium miners behind the fuel, and the regulated utilities sitting next to the biggest new loads.

TickerCompanyIndustry1DMarket cap
Electrical & turbines
GEVGE Vernova IncSpecialty Industrial Machinery+0.44%$137B
ETNEaton Corp plcSpecialty Industrial Machinery+0.55%$137B
NVTnVent Electric plcElectrical Equipment & Parts+1.91%$19B
POWLPowell Industries IncElectrical Equipment & Parts+0.28%$3.4B
Nuclear & IPP
CEGConstellation Energy CorpUtilities - Regulated Electric+0.35%$107B
VSTVistra CorpUtilities - Independent Power Producers+1.16%$64B
PEGPublic Service Enterprise GroupUtilities - Regulated Electric+0.00%$38B
NRGNRG Energy IncUtilities - Independent Power Producers+0.82%$24B
Grid & utilities
SOSouthern CoUtilities - Regulated Electric+0.17%$92B
ETREntergy CorpUtilities - Regulated Electric+0.00%$37B
Uranium fuel
CCJCameco CorpUranium+2.40%$47B
NXENexGen Energy LtdUranium+3.33%$6.7B
UECUranium Energy CorpUranium+1.89%$4.1B
LEUCentrus Energy CorpUranium-0.05%$4.1B
Data-center infra
FIXComfort Systems USA IncEngineering & Construction+0.31%$22B

Other sub-themes: Data-center power & energy · AI chips & compute · AI software & cloud infrastructure · AI applications & data software · Chip equipment & AI hardware · AI platforms, internet & adtech · Applied AI: industrial, defense & vertical

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Seed market caps are approximate and public; live values refresh on the map above and on each ticker page (delayed ~15 min). Membership follows the Santro AI universe. “Hot” means attention, not direction. Education, not financial advice.