Wells Fargo published a research note identifying specific utility companies positioned to benefit from surging AI data center power demand, according to Let's Data Science. The bank's analysts pointed to utilities with existing capacity, favorable interconnection queues, and active data center customer pipelines as the strongest candidates for earnings growth. The report follows a week in which NYSE utility stocks rose as investors tracked AI power demand signals. Utility equities have attracted increased institutional attention as analysts model long-term load growth driven by hyperscaler and neocloud buildouts.