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GEV Stock Edges Higher Overnight: Growing Backlog Shows 'AI Data Centers Cannot Wait For The Grid,' Says Strategist
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GE Vernova's total backlog grew to more than $176 billion in Q2.
The backlog represents a 37% year-on-year increase.
A strategist commented that AI data centers cannot wait for the grid.
GEV stock edged higher overnight following the news.
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Rajeev Chandrasekhar / Jupiter Capital interests historically