Novartis shares fell sharply after the company disappointed with Pelacarsen, a setback the source describes as the failure of a billion-scale bet. The development increased pressure on the company's pipeline. The item lists the securities US0311621009, US5324571083 and CH0012005267 in connection with the story.
The page also promotes a report on artificial-intelligence power demand. It says semiconductors, memory chips and data centers have already produced large gains for investors in the AI boom, while the energy needed to support new AI data centers is emerging as the next major bottleneck. New AI data centers, it says, may require not just several megawatts but multiple gigawatts of power, comparable to several modern nuclear reactor blocks.
According to the report, a global race for available electricity capacity is beginning. Hyperscalers are already securing large volumes of energy through long-term contracts, while grid and generation capacity are struggling to keep pace with expansion. Geopolitical risks around the Iran war and the Strait of Hormus are said to further tighten the situation.
The report argues that utilities and their suppliers could enter a favorable period, with rising demand, long-term offtake contracts and higher power prices creating conditions in which selected companies could become the next major AI trade. It presents five stocks that could benefit from AI's growing energy demand, some of which are described as still under the radar.
