Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears

Despite sector-wide gains of some 30% this year, grid tech stocks remain an attractive target, according to Steve Tusa, managing director and senior equity analyst at JPMorgan Chase & Co. Grid tech encompasses a range of hardware makers and software developers as well as utility-scale battery installers. Take Vertiv Holdings Co., which provides microgrid and energy storage solutions to data centers. Other grid tech stocks have also seen large gains this year, mirroring the data center boom.