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Chevron to build gas plants to power data centers
Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Chevron Is Ready to Burn Gas to Power AI
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the company believes it can get up and operational in just three years. The plan, according to Chevron CEO Mike Wirth, is to “meet the moment and address this growing need for reliable and affordable power.”
Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,
3h
on MSN
Jim Cramer Says Chevron Corporation (CVX) Is Among President Trump’s Picks If He Wants More Drilling
Top 14 Stocks to Watch. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against ...
1d
Chevron Corp. stock rises Monday, outperforms market
The stock's rise snapped a four-day losing streak.
1d
Chevron Q4 Earnings Preview: Likely Better Than Wall Street's Expectations
Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read ...
3d
on MSN
Why Chevron Corporation (CVX) Is One of the Best Commodity Stocks to Invest in According to Hedge Funds?
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are ...
9h
on MSN
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play ...
bovnews
1d
Chevron Corp (CVX) Stock: A Deeper Look at Its True Potential
Chevron Corp (CVX) stock saw a decline, ending the day at $155.65 which represents a decrease of $-0.36 or -0.23% from the prior close of $156.01. The stock opened at $156.46 and touched a low of $155 ...
17h
Chevron Joins Race to Generate Power for A.I.
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology ...
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