Palo Alto Networks shares jumped 5.53% after market analysis projected surging AI compute power demands will strain global energy infrastructure. Fortinet rose 4.48% and Zscaler gained 2.49% as investors anticipated higher cybersecurity spending in power-intensive AI data centres.
Market analysis projects that rapid expansion of AI compute workloads will significantly increase electricity consumption at data centres over the next five years, potentially doubling current power requirements by 2027.
These power demand forecasts are expected to intensify competition among energy suppliers and may accelerate investment in grid upgrades and on-site generation solutions to support high-performance computing operations.
Shares of Palo Alto Networks jumped 5.53%, while Fortinet climbed 4.48% and Zscaler gained 2.49%, as investors positioned for increased security hardware and software spending in AI-driven data centres.
Heightened power demands will likely drive data centre operators to bolster cybersecurity infrastructure to protect more complex, high-density computing environments from emerging threats.
