Nuclear power stocks are soaring amid an AI energy push. Here are 7 names to watch.

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Nuclear power stocks are soaring amid an AI energy push. Here are 7 names to watch.

The cooling towers of a nuclear power plantWlad74/Getty Images

Tech giants like

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and

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are striking nuclear power deals for their AI data centers.

The nuclear power resurgence is driven by clean energy demand and AI’s soaring power needs.

These nuclear-focused stocks have soared this year amid an ongoing nuclear renaissance.

The nuclear power industry

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as demand for clean power soars across the country, partly driven by the soaring energy needs associated with artificial intelligence data centers.

Mega-cap technology companies, including

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,

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, and

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, have inked nuclear power deals to feed their growing energy needs as AI becomes a ******* part of their businesses.

One utility company is even restarting the Three Mile Island nuclear power plant after inking a 20-year deal to sell the power to

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.

Three Mile Island, located on the Susquehanna River in Pennsylvania, was the site of the country’s worst nuclear accident in 1979.

Meanwhile,

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for a company developing modular nuclear reactors and purchased a nuclear-powered data center in March for $650 million.

“One of the fastest ways to address climate change is by transitioning our society to carbon-free energy sources, and nuclear energy is both carbon-free and able to scale—which is why it’s an important area of investment for

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,”

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Web Services CEO, Matt Garman, said in a press release.

Analysts on Wall Street are encouraged, too.

“The nuclear energy projects involve the construction of several Small Modular Reactors (SMRs), a compact, advanced type of reactor that can be built closer to grids and completed faster than traditional reactors. SMRs also offer the potential to reduce carbon emissions, paving the way for cleaner, more sustainable energy,” CFRA analyst Arun Sundaram said in a note last week.

He added: “With the full power of AI dependent on both data centers and energy infrastructure, these investments further help AMZN secure its positioning as a leading cloud/AI provider.”

The resurgence in nuclear power has led to big moves on Wall Street, with some stocks more than doubling in just a few days this month.

From utility companies to uranium miners to small-scale nuclear developers, these stocks are soaring amid the revival of America’s nuclear power industry.

7. Cameco

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Market value: $23.6 billionYTD Performance: +25%

6. BWX Technologies

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Market value: $11.3 billionYTD Performance: +62%

5. Oklo

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Market value: $2.4 billionYTD Performance: +88%

Story Continues

4. Constellation Energy

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Market value: $83.5 billionYTD Performance: +128%

3. Vistra

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Market value: $43.0 billionYTD Performance: +224%

2. Nano Nuclear Energy

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Market value: $589.6 millionYTD Performance: +272%

1. NuScale Power

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Market value: $1.8 billionYTD Performance: +481%

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#Nuclear #power #stocks #soaring #energy #push #names #watch

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