Why has GE Vernova $GEV dropped 12% since May?

GE Vernova, $GEV, has been on the rise. This is due to an increase in demand of gas turbines for AI data centers resulting in a great April Q1 2026 earnings report. The demand for gas turbines is so high that there is a production backlog of gas turbines. In fact, they are taking 20-25% deposits on orders out until 2029-2030. These gas turbines are supposed to be powering AI data centers. However, despite the bullish and meteoric rise in AI stocks the past month, GEV has been down 12% since May. Based on two articles: \- push back in states and local areas on the construction of data centers \- legal dispute forcing them to build / correct an offshore wind project [https://www.fool.com/investing/2026/06/07/why-ge-vernova-stock-fell-nearly-11-in-may/](https://www.fool.com/investing/2026/06/07/why-ge-vernova-stock-fell-nearly-11-in-may/) However, despite these hurdles, some others suggest it is still a buy: [https://finance.yahoo.com/markets/stocks/articles/ge-vernova-inc-gev-good-212358619.html](https://finance.yahoo.com/markets/stocks/articles/ge-vernova-inc-gev-good-212358619.html) Is this a good stock at all to purchase now or should we park money in other AI stocks seeing massive gains now? Some other issues I’m seeing : the production backlog will lead to alternate sources of power or simply other companies may step up. Also increasing production sharply may lead to QC issues. Can anyone give any more insight or analysis into this stock that’s in the industry ? Position: I am holding 20 shares at $1075