TSX:MXG

GE Vernova stock jumps 4% to $823 as a 2030 turbine-slot deal fuels the run

GE Vernova shares climbed 4.1% to $823.67 Wednesday after Maxim Power reserved a 7HA.02 gas turbine slot for 2030 delivery, requiring a deposit in 2026. The agreement covers Maxim’s 400-megawatt Prairie Lights project in Alberta. Trading volume reached 2.7 million shares. Investors now await GE Vernova’s April 22 earnings webcast for updates on orders and margins.

11 February 2026

NYSE:GE·Renewable Energy·Stock Market·TSX:MXG

GE Vernova stock price hits fresh high as a 2030 turbine slot gets booked

GE Vernova shares closed up 2.9% at $801.54 Monday after Maxim Power reserved a 7HA.02 turbine manufacturing slot for 2030 delivery. Maxim will pay a non-refundable deposit in 2026 for the turbine, intended for its 400-megawatt Prairie Lights project in Alberta. Wall Street analysts raised price targets but remained split on valuation.

10 February 2026

NYSE:GEV·Renewable Energy·Stock Market·TSX:MXG

GE Vernova stock pops on 2030 turbine slot deal as new projects underline long-cycle demand

GE Vernova shares rose 3.6% to $807.20 Monday after Maxim Power reserved a 7HA.02 gas turbine slot for a Canadian plant, with delivery targeted for 2030 and a deposit due in 2026. GE Vernova also completed an upgrade at InterGen’s Coryton plant near London, boosting output by up to 85 MW and efficiency by 2.46%.

9 February 2026

Renewable Energy·Stock Market·Technology·TSX:MXG

Bernstein Identifies Potential Winners in U.S.-China AI Compute Power Race
March 22, 2026, 9:49 AM EDT. As the U.S. and China vie for AI supremacy, Bernstein highlights compute power-including both semiconductors and electricity supply-as pivotal. The U.S. leads in advanced chips, but China is rapidly expanding its power capacity, reaching 500 gigawatts added in 2023 alone. Bernstein forecasts China could achieve 1,936 zetta floating point operations per second (ZFLOPS) by 2035, surpassing the U.S.'s projected 511 ZFLOPS. This surge relies on investments in energy infrastructure and renewables, benefiting firms like CATL (battery supplier) and Sungrow (solar and energy storage), both rated outperform. Bernstein also expects Chinese AI chips to reach over 50% efficiency of U.S. equivalents by 2035, up from 25% now, signaling notable growth in the semiconductor sector amid ongoing geopolitical restrictions on chip access.