Rise of AI-Powered Energy Sector to Capture $310 Billion Market with 42% Annual Growth Rate

The National Energy Administration recently issued the “Action Plan for Promoting Bidirectional Empowerment of Artificial Intelligence and Energy.” This plan emphasizes enhancing the layout planning guidance for computing power facilities projects, with the use of green electricity as a crucial reference indicator. On May 12, the power grid equipment sector saw significant gains, with multiple stocks related to the concept of AI-power synergy showing active performance. By the closing bell, Tongguang Cable (300265.SZ) surged by 20%, Xinfengguang (688663.SH) rose by 12.29%, while Wankong Smart Manufacturing (603070.SH), Hanlan Shares (002498.SZ), Tongda Shares (002560.SZ), among others, hit the 10% daily limit. The…