The U.S. is going to be turning on a lot more lights in the coming years — and that glow means good things for Club names GE Vernova and Eaton . That is our takeaway from Wolfe Research's annual deep dive into the state of play for the power industry, which is an essential player in the artificial intelligence infrastructure buildout that's captivated Wall Street in recent years. AI computing is a power-hungry process, so the U.S. needs more electricity to keep up with all the new data centers planned to be built. Notably, Wolfe Research sees significantly more U.S. power supply coming online over the next five years than it did when conducting this exercise in 2024, in a sign this investment trend is not letting up. Wolfe now projects that 265 gigawatts of electricity supply will be added

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