According to reports, USA utility stocks have performed strongly this year, rising 20% after a tough 2023. The Industry is now divided into two factions: some companies can profit from the explosive demand for AI, while others may grow more slowly. Historically, utility stocks have provided a safe haven for investors seeking stable quarterly dividends and protection from economic downturns. Even when Consumers are hurt, they tend to pay their electricity bills. These essentials remain important, but they are not the main reason for Buying utility stocks today. This is because the utility Industry is riding the wave of one of the biggest investment themes of 2024: AI. Utility companies provide power for large AI Datacenters across the USA.