GE Vernova Has Major Megatrends Taking Place
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GE Vernova is poised for significant growth due to strong power demand for data centers, supported by a $500 billion venture by Oracle and Softbank. Partnerships in small modular reactors also bolster its long-term growth prospects.
January 25, 2025 | 2:30 am
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Oracle is involved in a $500 billion venture with Softbank to develop large-scale data centers, which could drive demand for GE Vernova's power solutions.
Oracle's involvement in a massive data center venture indicates potential increased demand for power solutions, benefiting partners like GE Vernova.
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