12 AI News and Ratings Investors Probably Missed

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9. New Era Helium, Inc. (NASDAQ:NEHC)

Number of Hedge Fund Holders: 5

New Era Helium, Inc. (NASDAQ:NEHC) explores, develops, and produces helium, natural gas, and natural gas liquids.

On March 6, New Era Helium provided an update on its role in supporting AI growth through helium and natural gas production. Helium is essential for semiconductor manufacturing, GPU cooling, and quantum computing, making it a significant resource in AI development. With limited global production, helium remains a critical material.

The company also plans to use its natural gas reserves to generate electricity for AI data centers rather than selling it as a commodity. Its Pecos Slope Gas Field is expected to produce 70+ MW of power for at least 20 years, which will be allocated to AI infrastructure. Moreover, through its joint venture, Texas Critical Data Centers, the company signed an LOI to acquire land in Texas for a 250MW net-zero AI data center campus.

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