CNBC
Copper may hit new high as AI demand collides with deadly storms, strategists say
Friday, July 31, 2026
Storms in Chile disrupted copper mining operations in the region. Copper prices have risen amid the supply disruption and increased demand from artificial intelligence applications. Analysts attributed the price movement to both factors.
Original reporting: https://www.cnbc.com/2026/07/31/copper-prices-chile-storms-mines-ai.html