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via CryptoSlate · By CryptoSlate Editorial

AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid

NVDA

NVDA/USDT

$231.09
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$123,824,428.90

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$233.55 / $229.80

Change: $3.75 (1.63%)

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NVDA
NVDA
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$231.08

0.56%

Volume (24h): -

Resistance Levels
Resistance 3$250.4007
Resistance 2$239.75
Resistance 1$233.9368
Price$231.08
Support 1$229.7439
Support 2$225.0533
Support 3$217.0134
Pivot (PP):$231.4067
Trend:Uptrend
RSI (14):62.3
CE
CryptoSlate Editorial
(02:05 PM UTC)
1 min read
JM
Updated byJames Mitchell

AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster than the grid can keep up, and that's handing enormous leverage to the companies that generate and deliver it.

On June 2, the Electric Reliability Council of Texas voted to overhaul how it admits large power users to the grid, wading through a backlog of data centers, crypto mines…

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CryptoSlate Editorial · CryptoSlate

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