This claim doesn't even rise to the level of wish-thinking from Nvidia's Huang. It is simply naive.

Reasons:
• Capex ≠ cheap power
• Load growth is lumpy and localized
• Energy ≠ electrons
• AI doesn’t fix physics
• Fuel mix reality of gas + firmed renewables

I hardly know where to start with such nonsense.


Nvidia CEO Says AI Build-Out Will Eventually Lower Energy Costs
https://www.bloomberg.com/news/articles/2026-02-03/nvidia-ceo-says-ai-build-out-will-eventually-lower-energy-costs