A new partnership has emerged with a massive commitment to building infrastructure for the future of artificial intelligence (AI) in the United States. The initiative aims to create essential data centers and power generation systems, marking a significant step toward advancing AI technology. This project is not only expected to revolutionize the AI landscape but also improve areas like healthcare, offering transformative possibilities, including customized treatments for diseases. It represents a bold investment in America’s tech-driven future.

Could this monumental AI investment unlock huge opportunities for solar energy stocks like First Solar Inc. FSLR, NextEra Energy Inc NEE and Enphase Energy Inc. ENPH?

Stargate AI Project: $500B Investment by OpenAI, Oracle & SoftBank

President Donald Trump announced a major project wherein a new partnership, called Stargate, plans to invest up to $500 billion in building infrastructure for AI in the United States. The partnership includes OpenAI, Oracle ORCL and SoftBank. While OpenAI is an AI company, Oracle is a technology company and SoftBank is a global investment firm.

This project will focus on creating data centers and generating the electricity needed to support the growing development of AI, with the first phase starting in Texas. The initial investment is expected to be around $100 billion, but it could grow up to five times that amount.

Trump highlighted the importance of the project, calling it a big investment and a show of confidence in the U.S. economy.

Electricity Demand to Mount Up: FSLR, NEE, ENPH to Gain

To power the specialized chips essential for AI applications, the data centers will require an immense amount of electricity. A substantial portion of this power will be sourced from clean, renewable solar energy, ensuring sustainability while supporting the groundbreaking technological infrastructure, as reported by Bloomberg citing sources close to the project.

Given the growing demand for solar energy to power data centers and AI infrastructure, three solar stocks are likely to benefit from this shift toward renewable energy. Based on the trends in the industry and the need for sustainable energy solutions, here are three solar stocks that could see gains.

First Solar

First Solar, carrying a Zacks Rank #3 (Hold), is poised for continued growth as a leader in the solar energy space, offering advanced thin-film photovoltaic technology that outperforms conventional silicon modules. With its U.S.–based manufacturing and cutting-edge research in California and Ohio, First Solar is strategically positioned to meet rising global energy demands while promoting sustainability.