US investors are piling into utility stocks as the emergence of power-hungry artificial intelligence drives a surge in electricity demand and transforms growth expectations for the once staid sector.
More than $1.7bn poured into US utilities funds, which have about $41bn across them, in May and June, their best showing in nearly two years, according to data from Morningstar Direct.
Another $1.1bn is expected to come into utilities funds in July, most of it in the Utilities Select Sector SPDR (XLU) exchange traded fund, according to State Street.
您已阅读11%（552字），剩余89%（4664字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。