Global data center power demand is poised to more than double by 2030 after being flattish in 2015-20. Goldman Sachs Research analysts believe supporting data center driven load growth will require investment by utilities of $50 bn in new power generation capacity. While investor interest in the AI revolution theme is not new, the analysts believe downstream investment opportunities in utilities, renewable generation and industrials whose investment and products will be needed to support this growth are underappreciated.