Inside ETFs: Could fossil fuels power your AI portfolio?
The Iran war has exposed a critical flaw in the AI power equation, reminding investors that energy isn’t limitless. While some argue AI will pivot to renewables, Christian Magoon from Amplify ETFs disagrees. He told Reuters that fossil fuels are the cheapest, fastest path to market as the developed world doubles down on oil and gas.
The Iran war has exposed a critical flaw in the AI power equation, reminding investors that energy isn’t limitless. While some argue AI will pivot to renewables, Christian Magoon from Amplify ETFs disagrees. He told Reuters that fossil fuels are the cheapest, fastest path to market as the developed world doubles down on oil and gas.
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