Tag: electric vehicles
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ChatGPT’s Energy Surge Drives Demand for Copper in AI Revolution
ChatGPT, a leading AI platform, is revolutionizing the energy landscape by making copper the new oil. According to Goldman Sachs, the electricity consumption required for ChatGPT is ten times that of a Google search. This surge in electricity demand is driven by the rapid expansion of data centers powering AI technologies like ChatGPT, with projections…
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Experts Discuss Copper’s Investment Potential at Kitco Live ‘Copper Masters Panel
Investors and analysts gathered at the Kitco Live ‘Copper Masters Panel’ on August 22, 2024, to discuss the potential of copper as the investment of the decade. The event, hosted by Kitco News, brought together industry experts and enthusiasts to delve into the future prospects of copper as a valuable asset. ichenbao 99.9% Dead Soft…
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Copper Investments: Diversification Opportunities Amid Growing Demand and Sustainability Efforts
Investing in copper has garnered attention due to its industrial significance, with applications in construction, electronics, and renewable energy. Often dubbed “Doctor Copper” for its economic health indicator status, the metal’s demand surges during economic upturns. As countries develop and infrastructure projects expand, the need for copper escalates, offering investors a chance for portfolio diversification…