Goldman Sachs Forecasts Massive Surge in U.S. Data Center Power Demand by 2030

Key Facts

1Goldman Sachs projects U.S. data center power demand to reach nearly 108 gigawatts by 2030.

2American Electric Power plans to invest $78 billion to meet the rising energy demand.

3Vertiv anticipates over 20% year-over-year revenue growth driven by evolving data center designs.

As the rapid expansion of AI and digital infrastructure drives unprecedented requirements for electricity, the sector is bracing for a significant shift in power dynamics. According to reports from Goldman Sachs, U.S. data center power demand is projected to reach nearly 108 gigawatts by 2030. This forecast highlights the massive scale of energy and specialized equipment needed to sustain the ongoing technological boom.

In response to this surge, American Electric Power plans to invest $78 billion to meet rising demand, while Vertiv anticipates annual revenue growth exceeding 20% due to evolving data center designs. Per market data, GS closed at $1,028.78, AEP at $124.67, and VRT at $262.89 (close of September 9, 2026). This outlook for infrastructure providers comes as major financial peers show steady levels, with JPM closing at $352.38 (close of September 10, 2026).

Traders should monitor infrastructure stocks as these multi-billion dollar investment plans begin to materialize. Based on recent market activity, VRT traded between a low of $260 and a high of $290.23 on September 9, 2026, reflecting high volatility in the AI cooling and power segment. With no immediate sector-specific catalysts in the upcoming economic calendar, the focus remains on corporate capital expenditure updates and long-term demand projections.