Oil's price spike is bad news for power-hungry AI

AI data centers are highly energy-intensive, making them vulnerable to rising power costs.

Andrew Caballero-Reynolds/AFP/Getty Images

• Oil's price surge is rattling chip stocks and raising AI cost fears.
• Rising energy prices could slow AI expansion and pressure corporate margins.
• Qatar's LNG shutdown is also tightening helium supply, which is critical to chipmaking.

Oil's sharp rally amid the Iran war has injected fresh volatility into semiconductor stocks...