Apr 17, 2026
The Grid Bottleneck: AI Devoured All the Compute — But Who's Powering It?
Every 1GW data center needs $1-2B in grid upgrades. Transformer lead times 3+ years, transmission permitting 10-15 years. AI + EVs + reshoring hitting a 1970s-era grid simultaneously. Full teardown of 10 grid infrastructure stocks: ETN quality king, PWR backlog visibility, CEG scarcest asset.