AI Boom Is 'Trickling Down' to Old-Line Stocks, Wells Fargo Says

News August 04, 2026 at 03:38 PM
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What You Need To Know

  • Capital goods firms are the biggest AI-adjacent stocks now, according to Wells Fargo.
  • Increasing data centers should benefit industrials, the firm says.
  • Wells Fargo notes, however, that data centers face public opposition.

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