The AI revolution is propelling valuations of power providers and AI-related cryptocurrencies to unprecedented levels. The median price-to-sales ratio for AI-exposed power stocks has soared from 1.52 in 2023 to 4.53 in 2025, reflecting increased demand for electricity to power AI models. Concurrently, cryptocurrencies like Fetch.ai (FET) and Bittensor (TAO) have experienced significant gains, rising by hundreds of percent this year.
Despite these impressive gains, many energy firms and crypto projects remain unprofitable, sparking concerns about a potential market bubble. The current surge appears to be driven more by speculative hype than by solid fundamentals, as evidenced by market volatility and trading patterns.
AI-Driven Surge Boosts Power Stocks and Crypto Tokens
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