# AI is Driving Utilities to Spend a Record $240 Billion in 2026. Buy These Stocks to Capitalize on the Power Surge.

> **Newsylist Open Intelligence Dossier** · First detected: 2026-07-06 11:46 UTC · Category: Business · Sources: 6 · Current Velocity: 3.67

## Executive Summary
Utility spending is projected to hit a record $240 billion in 2026 as AI-driven data center demand transforms power markets.

## Intelligence Brief
Artificial intelligence is fueling a surge in energy demand, leading utilities to plan record spending of $240 billion for 2026. This growth is particularly evident in Texas, where data centers are driving a power boom.


Coverage from The Motley Fool, Yahoo Finance, and Seeking Alpha focuses on investment opportunities, highlighting specific energy stocks, ETFs with data center inroads, and infrastructure picks like Broadcom. Marex reports that the market is currently navigating grid constraints.


Future developments center on the next phase of U.S. power markets and the ability of the grid to manage the catalysts driving energy demand.

## Verified Facts & Key Claims
### How much are utilities expected to spend in 2026?
Utilities are projected to spend a record $240 billion.

### Which region is seeing a specific data center power boom?
Texas is experiencing a data center power boom according to Yahoo Finance.

### What is hindering the power markets according to Marex?
Marex identifies grid constraints as a factor in the next phase of U.S. power markets.

## Key People, Organizations & Locations
Billion, Record, Spend, Capitalize, Driving Utilities, Buy These Stocks, Power Surge, Marex, A Nifty Utilities ETF With Data Center Inroads

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| ETF Trends | A Nifty Utilities ETF With Data Center Inroads | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMimgFBVV95cUxNNXZwSHljT3g3dkxQUHprVEd1b1dma184ajFEbnVscGozNGh2bWdNdS16M3NHRDdTdTdFY0RaWnNoN2JfREFxZU1GS2U0em5PRHhicnlQekw5NUJ6ajlBcXZhRFl2YlYydlhnUk1NLU9UeTNlY01qY2VuOERUb3VQYUdGd0FVMnJHMTNiNEdJWDR1VVVyXzQ0OGRR?oc=5) |
| marketscreener.com | Marex : AI demand, grid constraints and the next phase of US power markets | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMi4AFBVV95cUxOVTROWFkyZTd1eGtPRFA5RUpOYnVoOWxQQ25PUUdVRTNUOElJb01uZHpnTkF2cHJMaXdCOHNlRFR5V3BMWUZtUGJYYmVpeHc3VjAxNlA3WS1DTDhTY0hkOUFUN3J0ck1kbjRMYVBhdXp1TUliQU5VZjVuUkxsazVKNkdnLVNMT1h4VWZpUUxQRURyMjl4aWh1eHhuOGRLcU5WdXhwN1Qyd3FZWWpXaHVTMDl1SWt4X3JQUUlXdnVkR2ptU2g2RTItbTUyblJ5RV9FTnNaZUM3cHp0clV2OXR2Yw?oc=5) |
| simplywall.st | Broadcom Stock And 2 AI Power Infrastructure Picks Retail Investors Are Watching | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPZnpZUXEzU1ZtLUVYcXVJUTRNMlF1dHhnWE9XN0RtbGVoUlFzNVJ1R0JtRk1VTjhoek0wcmV5Vzc3NzlFdlVES2NMbWZmQlVzNjZwV0VrUDNnV1dFODZyVnM5MGV2R1ZRSGhCNm9zMnBvdGlZci1tME93WFU2ODN0RkE5dTVQVHNRcFVEWENRRzYzcGh3LXY4dmRGM1diVFRDbS1udmt0SWdvbC00Z1M0dEpDRndjMC1FOWo5VGtVdTItMTVPUmI1TVpMTVZwbUVEdXMwVWtqMmduZVhh0gHiAUFVX3lxTE12dGZlVlF2YWJVUXEzLUFTMkN6bGxmZElyaHVVQTVKdEJsNTZTUGxTQkhRdmhwekk3OWhZbjdDWW5NRGFNNnhFT21STFVueVdncUtJM1pNUGlDZ2tua1BTUklHLTg2emt4RUM3eGl4dEVUVThqdGh) |
| Seeking Alpha | IDU: Immediate And Lasting Catalysts For Energy Demand | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMimgFBVV95cUxNVWhBNWxPcUstLU5qMC1PSU9SMHBGbWFBYXpvRjJaUFVsRVkxeGJOaDVHTTVqaDhTOERXN182dkxiZ1BSeHU5aW5Rdi0xRWI5ckRwOERSVDhMLWRuNV92bVZnQUtVMEdXT25kZEt1czFuQzM2a2VwV3FpSFBYdjZuXzRad1JRN0NHNUY0QWZmZmE2VXpkWWJKdWdn?oc=5) |
| Yahoo Finance | Five Energy Stocks Riding Texas's Data Center Power Boom | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMikwFBVV95cUxNLUMtZnBoaWNiOTIzczlXN1YxbW1sa2toZGh1bEgxMnZNTVdjbFZCMV92WHpIT0ZtLXhCdkY5S2dhZGw4bndMTEVJLWV6anlMTWhweE8zeFpQV1FRbDkzYld1MDZmN3lCajZ5MVJNZkxOQ0hxQWtIckdCbDRTcERCRkNEZjltYlB2b0xIYl9BVlNmRTg?oc=5) |
| The Motley Fool | AI is Driving Utilities to Spend a Record $240 Billion in 2026. Buy These Stocks to Capitalize on the Power Surge. | 2026-07-04 17:15 | [Source Link](https://news.google.com/rss/articles/CBMimAFBVV95cUxQbm1Yb3U4OXlrZ0hYOWs5djJiU1R1bVFjVnE0bkdFeURkbTRCYU9WWXgzNXp2SUhSRzJqd3R4WkE4VG9xbXVacXR0ZGtodFBWOE1mdDhvSlZfOUMxa3Bfdk00eGRQTDNFV0pRNF9MY0ZteXlqQlVyUGNEVnhJODE0LXZJV0dLX0l6TXc0NjhuUVdJSUtiX1B3dw?oc=5) |

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