Oil Giant Emerges as an Ai-power Play; Two Key Suppliers Rally

Chevron (CVX) announced Monday that it will power a huge Microsoft (MSFT) data center in West Texas with natural gas, using gas turbines supplied by GE Vernova (GEV) and Caterpillar (CAT). GE Vernova stock rose near a buy point, and Caterpillar stock jumped Project

Chevron (CVX) announced Monday that it will power a huge Microsoft (MSFT) data center in West Texas with natural gas, using gas turbines supplied by GE Vernova (GEV) and Caterpillar (CAT).

GE Vernova stock rose near a buy point, and Caterpillar stock jumped

Project Kilby, as it is known, is expected to produce 2.7 gigawatts of electricity. That is said… Related news Construction Giant CRH Buys Major GE Vernova Supplier For $8.5 Billion 6/22/2026 Construction company CRH will buy rival Arcosa in an $8.5 billion cash deal. Arcosa stock jumped before Monday’s open. 6/22/2026 Construction company CRH will buy rival Arcosa in an $8.5

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