Alcoa Announces Memorandum of Understanding with San Ciprián Operations Stakeholders
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This mining stock is unexpectedly monetizing on AI: Morgan Stanley
January 22, 2025 4:00 PM ESTOne mining stock may be positioned to capitalize on the AI boom by repurposing its idle industrial sites for data center use, according to analysts at Morgan Stanley.
The investment bank highlighted the unconventional opportunity for Alcoa (NYSE: AA), as tech companies race to secure existing power capacity to expand AI capabilities.
The surge in demand for data centers, driven by advancements in artificial intelligence, has created... More
