Investing in Nuclear Power? I Like Nuscale Power Stock, Up 213% in 2025
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So far this year, NuScale Power (NYSE: SMR) stock has more than tripled in value. The reason: rapidly rising interest in small-scale nuclear power. NuScale is arguably the leading developer of small modular reactors, with a quantifiable first-mover advantage. This lead could provide it with a decades-long runway of growth, fueled by another rapidly growing industry: artificial intelligence.Proponents of nuclear power as a scalable, renewable, low-carbon source of power have been repeatedly stymied by global events that have hindered nuclear power expansion. From reactor meltdowns to sudden tsunamis, public opinion has shifted heavily due to numerous public failures of nuclear technology. Public outcry and safety concerns caused regulatory scrutiny to soar across many parts of the world, leading to huge cost overruns and engineering delays for many major nuclear projects.The tides have turned yet again in recent years due to soaring energy demand from sectors like artificial intelligence -- a sector that is requiring ever higher amounts of energy to thrive and survive. Big tech, for example, is deploying billions of dollars into restarting old nuclear facilities, as well as building several new facilities across the U.S. According to the Harvard Business Review, big tech has gone "all in" on nuclear.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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