Power capex stocks decline amid AI development caution
pre-market1 source ↓written by the desknot a recommendation
- in two days
- 16%
- dropped
- 9%
- declined
- 8%
- 10%
- amid rising demand
- 63%
Shares of power capex stocks fell up to 16% in two days as concerns over AI development emerged. GE Vernova dropped nearly 9%, while CG Power declined 8%. Other notable declines included TD Power Systems at 16% and HFCL at 10%. This follows a significant rally earlier in 2026, where stocks gained up to 63% amid rising demand for power solutions.
Not investment advice. For informational purposes only.