Analysts point out that the Trump administration in the United States is actively pursuing equity stakes in companies across various industries, with the nuclear energy sector potentially being the next target. The Trump administration has already announced investment agreements with Intel and rare earth producer MP Materials, both deals involving government support for large-scale domestic manufacturing projects. In July this year, MP Materials announced that the Pentagon would become its largest shareholder, causing the company's stock price to surge 50% in a single day. Following the U.S. government's announcement of its stake in the struggling Intel, the company's stock price rose 5%. After reaching a deal with Intel earlier this month, President Trump and his administration members hinted that this would be the beginning of a broader investment strategy.

A team led by Compass Point analyst Whitney Stanco stated in a report that the U.S. Department of Energy recently established a new nuclear fuel alliance, paving the way for Trump administration investments in companies aimed at building a domestic enriched uranium supply system. Enriched uranium is a critical fuel required for nuclear power generation. Stanco wrote: "Given the U.S. nuclear fuel industry's interest in approximately $3.4 billion in federal funding from Biden-era appropriations, we believe it could become a target for similar future investment deals by the Trump administration." In the coming weeks, the Department of Energy's Office of Nuclear Energy is expected to work with industry participants to identify relevant companies and long-term objectives.

The Russia-Ukraine conflict has raised national security concerns about nuclear energy, as Russia is the world's largest uranium supplier. According to data from the U.S. Office of Nuclear Energy, Russia possesses approximately 44% of global uranium enrichment capacity, and about 35% of U.S. nuclear fuel imports come from Russia. Meanwhile, the surge in energy demand driven by the artificial intelligence (AI) boom has also brought more attention to nuclear energy, with collaborations between major tech companies and nuclear energy suppliers putting the industry in the spotlight.

This week, Bank of America included next-generation small modular reactor (SMR) builder Oklo in its coverage for the first time, giving it a "Buy" rating. The bank wrote: "With support from the Department of Energy and data center operators, nuclear energy is regaining momentum, and Oklo has advantages in meeting AI's growing energy demands." Over the past year, Oklo's stock price has soared more than 1000%, with investors betting that nuclear energy will become part of AI-themed trading.