Is Plug Power Stock a Buy Right Now?
Plug Power could benefit from rising demand for artificial intelligence.Rising demand for artificial intelligence (AI) could create favorable conditions for many hydrogen stocks, Plug Power (PLUG 4.05%) included. Companies that operate AI infrastructure like Amazon and Alphabet are racing to build new data centers that are powered by renewable energy. The main challenge isn't in building new data centers, but in scaling up the required amount of renewable energy. This is where hydrogen fuel comes into play. ...