SolarEdge Technologies rises by 23% - AI energy hunger fuels Green Energy stocks!
Reading Time: 3 minutes
SolarEdge Technologies (SEDG) stands out as a provider of inverters, power optimizers, and intelligent energy management systems with relative strength among bullish Green Energy stocks. The stock recorded a price increase of nearly 50% in the past trading week and broke out to a new yearly high. Nvidia CEO Jensen Huang recently emphasized on a broad stage that the energy demand for global computational tasks could be up to 1,000 times higher than today. SolarEdge could benefit here with the development of new modular solid-state transformer components...
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