Trump's Call for Big Tech Power Plants: Which Stocks Stand to Gain?

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

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

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CNBC TV18•27-02-2026, 11:05

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.

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