RWE aims to benefit from the AI energy hunger with US gas power plants. A chart breakout is imminent!

In AI, the bottleneck is energy. Electricity producers have become beneficiaries. With a massive investment program of 35 billion euros net by 2031, RWE is transforming into a diversified infrastructure giant that specifically addresses the increasing energy demand driven by AI in the USA. The stock is recognizing this and is poised for a breakout from the flat base, as well as above the resistance at 59 to 60 euros. The US Focus: Gas as an AI Enabler Almost half of the budget – around 17 billion euros – is flowing into the US market. RWE...