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Copper demand to soar with AI data center growth, risking 10M ton annual shortages by 2040.

Market News
08 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Copper, essential for electrification and powering AI data centers, is set to see demand outpace supply due to the AI boom and other economic drivers. By 2040, annual copper shortages could reach 10 million metric tons, highlighting a significant supply-demand imbalance. Producers with high-quality, long-life copper assets are well-positioned to benefit from this trend. Current geopolitical tensions causing market pullbacks may present buying opportunities for investors.

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Columbus Circle Capital Corp III prices $200M IPO, trading starts July 9 on Nasdaq.

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Columbus Circle Capital Corp III announced the pricing of its initial public offering (IPO) of 20 million units at $10 each, raising $200 million. The units will begin trading on the Nasdaq Global Market under the symbol "CCCTU" on July 9, 2026. Each...

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Aimei Health ends merger deal with United Hydrogen after missing deadline.

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BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

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Capital Power signs 10+ year deal to supply 250 MW to Meta's Alberta data centre by 2028

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