Trump Demands Big Tech Build Own Power Plants: Stocks to Benefit

• President Trump announced a pledge from major tech companies to supply their own power for energy-hungry data centers.
• Managers from Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI are set to meet Trump on March 4 to sign the pledge.
• The initiative aligns with states' existing efforts to make data centers pay their fair share for infrastructure, according to Wells Fargo.
• NextEra Energy plans to build 15 gigawatts of new power for data centers, pivoting towards gas generation, a Trump administration priority.
• Wells Fargo identifies Constellation Energy as a top stock pick, with NRG Energy, Talen Energy, and Vistra also recommended.