Xcel Energy (XEL) is shaking off the typical, boring utility stock image and acting more like a high-growth tech stock. In Q3 2024, it reported earnings of $1.25 per share, slightly up from $1.23 last year. This is catching investors’ attention as electricity demand rises, largely driven by artificial intelligence (AI) and data centers. The reason for this shift? Data centers are consuming more power than ever, with forecasts showing demand could jump by 160% by 2030. AI alone could make up nearly 19% of that demand by 2028. For context, a single ChatGPT query now uses almost 10 times the powe…