GEV holds significant market power due to supply constraints for its turbines; rising AI-driven electricity demand benefits the company.

Okay, let's talk about a company that has things that haven't yet reached where they should be. That is GE Vernova . This company is responsible for the turbines that power gas and wind power plants.

This is the spin-off company from GE for their energy business.

So , when we say there is a backlog in demand and we can't build enough capacity, a large part of that backlog comes from companies like GE Vernova. What's interesting about GE is that they've been working in this field for a very long time .

Almost all of these companies have stated: "Yes , we have huge demand today, but we will not rush to double our production capacity and then suffer the consequences if this demand is fleeting, or if it lasts for only three, four or five years, because we view this business as an investment that extends for decades."

So, the way this will manifest in their operations is that we will see revenue growth. It would be a bit like Micron, where they would say, "Hey, you know what?" We will simply increase our prices.

We will get slightly better profit margins . We will make you pay upfront for the turbines you need. And that's exactly what's happening in the market right now.

So, when we talk about a market powerhouse, we mean the components that companies need but cannot obtain quickly enough. Many of these components will be coming from GE Vernova.

So, it may not be a very attractive business, but it has tremendous power in the current market. Whether there is demand from Anthropic, OpenAI, or other competing companies, as long as we use more code, this will lead to increased demand for electricity, which will ultimately benefit GE Vernova.