AI Boom Can Lead To 'Potential Demand Growth' For This Metal, Wall Street Turns Bullish from smin etf Watch Video
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⏲ Duration: 0:56 👁 View: 385K times ✓ Published: 15-Apr-2024
Description: Wall Street is demonstrating an increased interest in copper, a trend driven by the metal’s growing use in data centers, which are essential for artificial intelligence (AI) operations.<br/><br/>What Happened: A note from Jefferies, predicts that global copper demand from data centers will jump from 239 thousand tons in 2023 to at least 450 thousand tons annually by 2030, reported CNBC.
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