Hitachi Energy India, GE Vernova, Other Power Capex Stocks Rise Up to 5% on Nvidia Results and US Ban

Summary

Shares of power capex stocks like Hitachi Energy India and GE Vernova rose up to 5% following Nvidia's strong Q2 results, which showed a 117% jump in data center revenue and positive 2028 guidance. Additionally, a US executive order banning certain Chinese-made equipment in the US electricity grid contributed to the surge, as AI data centers require significant power infrastructure.