With AES stock price hovering near $18.45, traders watch for confirmation in RSI turning bullish in the daily chart. This could signal a short-term advance as the electricity demand outlook strengthens. The rising demand for power driven by the expansion of artificial intelligence and data centers is benefiting utilities, prompting both companies and investors to seek strategic deals within the sector. On the other hand, the surge in power needs driven by AI has prompted major infrastructure funds to invest heavily in data center capacity. For GIP, acquiring AES offers a strategic opportunity to tap into the growing renewable energy sector and benefit from the energy transition, particularly as demand from tech companiesâ data centers rises. Market technicians observe AES stock price climbing above its short-term EMA support. Such moves often indicate renewed buying pressure when paired with strength in sector ETFs.