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Revived Nuclear Plants Won't Meet AI Power Needs
America’s nuclear power revival is very good news
The announcement of a Microsoft nuclear contract at Three Mile Island is just teh start of a nuclear power revival in America. This will help the economy.
Analysis-US Nuclear Plants Won't Power up Big Tech's AI Ambitions Right Away
Constellation Energy and Microsoft plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power rapidly expanding data centers for artificial intelligence (AI).
Revived Nuclear Plants Won't Meet AI Power Needs Right Away
Big Tech needs electricity to fuel its rapid, electricity-guzzling expansion of its AI capabilities, but a recent deal between Constellation Energy and Microsoft can't fill the gap immediately.
Truth Behind Nuclear Energy Stocks Popping This Week
The Truth Behind Nuclear Energy Stocks Popping This Week
According to data provided by S&P Global Market Intelligence, Uranium Energy ( UEC) was up as much as 17.1%, Cameco ( CCJ -0.17%) popped 9.6%, and NuScale Power ( SMR 5.55%) was up 15% this week. Shares of the companies are up 14.8%, 8%, and 15% for the week as of 1 p.m. ET on Friday.
Why Constellation Energy, NuScale Power, Nano Nuclear, and Oklo Stocks All Popped Today
Nuclear power stocks are surging in response to the news. As of 10 a.m. ET, Constellation stock itself is up a strong 14.4%, while nuclear upstarts NuScale Power Corporation (NYSE: SMR) and Nano Nuclear Energy (NASDAQ: NNE) have gained 13% and 15%, respectively, and tiny Oklo (NYSE: OKLO) is leading the pack higher with a 16% gain.
5 Best Nuclear Energy Stocks and ETFs to Buy Now
The announcement hits at three key factors to understand when investing in nuclear companies: a growing acceptance of nuclear energy, increased electricity demand from data center
20h
Nuclear Power Is the New A.I. Trade. What Could Possibly Go Wrong?
Artificial intelligence’s hunger for energy has set off a boom in utility stocks and may lead to the reopening of the Three ...
22h
The U.S. wants to triple nuclear power by 2050. America's coal communities could provide a pathway.
The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts ...
14h
How are companies investing in nuclear energy to power AI?
Constellation President & CEO Joe Dominguez discusses Microsoft’s deal with his company to reopen the Three Mile Island ...
2d
on MSN
Tech bros and bankers rally around nuclear power to fuel AI's rapid rise
Microsoft, Oracle, and Amazon have struck deals in nuclear power in hopes of supplying data centers with carbon-free ...
CNET
3d
Microsoft's AI Uses So Much Energy That It Could Bring Infamous Nuclear Plant Back Into Service
Three Mile Island, the site of the nation's most serious nuclear reactor accident, could reopen with Microsoft as its sole ...
4d
on MSN
Microsoft may pay Constellation premium in Three Mile Island power agreement, Jefferies says (Sept 23)
(Corrects paragraph four in Sept. 23 story to say Unit 1 was shut down due to "economic reasons," not "operational issues") ...
Impacts
5d
Microsoft Enters A Power Agreement With Constellation Energy To Revive Nuclear Facility At Three Mile Island
Constellation Energy and Microsoft said on Friday that they had inked a power agreement to assist in the first-ever restart ...
datacenterfrontier.com
1d
Microsoft Nuclear PPA to Restart Three Mile Island Shows Hyperscalers' Urgency for Clean Energy
Microsoft’s power purchase agreement with Constellation is the latest sign of the major hyperscalers' advance toward getting ...
8d
Constellation Energy stock soars on landmark power purchase agreement with Microsoft
Constellation Energy to bring Three Mile Island nuclear plant back to life. Microsoft will buy 100% of power from that plant ...
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