Three Stocks to Play an AI Energy Breakthrough

Artificial intelligence (AI) capabilities are doubling roughly every nine months as tech companies and governments around the world invest hundreds of billions of dollars into a sector that's already minted 600,000 new millionaires, according to Fortune.

But the $15.7 trillion AI revolution has a problem…

The AI revolution will require a nearly incomprehensible amount of power. Data centers supporting AI infrastructure are so energy-hungry that Wells Fargo predicts AI power demand could soar by 550% in 2026, meaning AI could soon consume as much energy as Japan, a country of 125 million people.

This is why Sam Altman, the billionaire creator behind Chat-GPT, has called for an "energy breakthrough" to make the AI revolution possible.

Here are 3 stocks that could soar as they help meet the AI revolution's vast energy needs.

AI Energy Breakthrough Stock #1: Kinder Morgan (KMI)

Goldman Sachs has estimated that AI energy needs will lead to 3.3 billion cubic feet of natural gas being burned every day by 2030.

That's good news for Kinder Morgan (KMI).

KMI is one of the largest energy-infrastructure companies in the U.S., with more than 83,000 miles of pipelines and 143 terminals.

Natural gas pipelines account for over 80% of its pipeline network—making it well-positioned to profit from the natural gas boom that the AI revolution is poised to unleash.

And KMI already shows signs of profiting from the groundswell in energy demand from the AI boom. The company raised its dividend this year, and analysts expect 25.9% growth next quarter.

AI Energy Breakthrough Stock #2: Pan American Silver (PAAS)

Most people wouldn't associate a silver and gold mining company with the artificial intelligence boom.

But silver is indispensable to the clean energy revolution, which in turn is helping to meet Ais insatiable appetite for energy.

Every solar panel has about 0.64 ounces of silver—and electric vehicles contain twice as much silver on average as their fossil fuel counterparts.

Meanwhile, there's a global supply/demand gap for silver, as these clean energy trends take off. The AI revolution is also spurring silver demand because the semiconductors needed for AI infrastructure require silver.

Pan American Silver owns one of the largest silver mines in the world—the Escobal mine in Guatemala, sitting on 264 million ounces. That's enough to close the global supply/demand gap in silver for over a year—and could send this $20 stock soaring as the AI revolution pushes up prices for silver.

PAAS grew revenues by over 7% last quarter, and pays a 1.95 dividend yield that's well above the S&P 500 average.

AI Energy Breakthrough Stock #3: Cameco Corp. (CCJ)

The AI energy shortage is so dire, it's even brought Republican and Democratic politicians together to embrace a once-controversial technology…

The ADVANCE Act, passed in June, speeds up the approval process and construction for new nuclear reactors in America.

The bill passed the U.S. Senate by an overwhelming margin of 88-2, and was signed into law soon after.

This is good news for CCJ, which owns more than 450 million pounds of proven and probable uranium reserves (nuclear reactors need uranium to generate electricity through nuclear power).

CCJ grew earnings by a whopping 163% last quarter, while cutting operating costs. Analysts are forecasting 73.3% growth for the company this year.

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