Power grid equipment stocks fluctuated and rebounded in the afternoon. Jinpan Technology rose more than 10%, and Xinte Electric, Igor, Shenma Electric, Sifang Shares, and Xidian China surged higher. According to the news, according to the forecast of consulting firm ICF, US electricity demand will surge 25% between 2023 and 2030, mainly due to data center and industrial growth. The US Department of Energy and Lawrence Berkeley National Laboratory also forecast that data center electricity consumption will account for 12% of the nation's total electricity consumption by 2028.

Power grid equipment stocks fluctuated and rebounded in the afternoon. Jinpan Technology rose more than 10%, and Xinte Electric, Igor, Shenma Electric, Sifang Shares, and Xidian China surged higher. According to the news, according to the forecast of consulting firm ICF, US electricity demand will surge 25% between 2023 and 2030, mainly due to data center and industrial growth. The US Department of Energy and Lawrence Berkeley National Laboratory also forecast that data center electricity consumption will account for 12% of the nation's total electricity consumption by 2028.