Entergy Corporation (ETR)

Entergy is a major US power utility serving nearly 3 million customers. So, what does it have to do with AI? Simple: data centres consume enormous amounts of electricity, and someone has to supply it. In April 2026, Entergy increased its investment plan by 33% to $57 billion, largely to build power infrastructure for Meta's data centres. On top of that, there are potential new data centre customers waiting to connect to Entergy's grid, representing another 7–12 GW of demand. Think of Entergy as the shovel seller in the AI gold rush.