Should You Buy NuScale Power While It's Below $60?

Artificial intelligence (AI) is a massively transformative technology, but powering these algorithms requires a substantial amount of energy. According to Goldman Sachs, global power demand from data centers is expected to increase by as much as 165% by the end of the decade.With energy demand expected to surge and a growing desire for scalable, carbon-free solutions, nuclear energy is re-emerging as an attractive option. The U.S. government has committed billions to revitalizing its nuclear infrastructure, from funding small modular reactors (SMRs) to streamlining regulatory pathways in pursuit of energy independence and climate resilience.NuScale Power (NYSE: SMR) is one company developing this SMR technology and the only one to have an approved design in the U.S. today. It could play a key role in powering tomorrow's algorithms, but achieving scalable commercial operations will take several years. If you're considering investing in NuScale, here's what to watch for from here.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool