Stock Track | NuScale Power Soars 5.25% as Nuclear Stocks Rally on AI Energy Demand Hopes

Stock Track

Jan 30, 2025

Shares of NuScale Power (SMR) surged 5.25% in pre-market trading on Thursday, as nuclear stocks rallied amid investor optimism over the potential demand for nuclear power to support the energy-intensive operations of artificial intelligence (AI) data centers.

The rally was fueled by concerns surrounding the impact of Chinese AI start-up DeepSeek on projected electricity demand and tech spending in the United States. As investors re-evaluated the potential demand for electricity from data centers powering AI technologies, nuclear stocks emerged as potential beneficiaries.

Other nuclear-related stocks also saw significant gains, with NANO Nuclear Energy (NNE) up 4.7%, Oklo (OKLO), and Vistra Energy (VST) rising around 3%, and Constellation Energy Corp (CEG) climbing 2.7%. The surge in these stocks reflects investor expectations that the growing adoption of AI technologies will drive a surge in energy demand, potentially boosting the prospects of nuclear power producers.

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As investors re-evaluated the potential demand for electricity from data centers powering AI technologies, nuclear stocks emerged as potential beneficiaries.</p>\n\n<p>Other nuclear-related stocks also saw significant gains, with NANO Nuclear Energy (NNE) up 4.7%, Oklo (OKLO), and Vistra Energy (VST) rising around 3%, and Constellation Energy Corp (CEG) climbing 2.7%. The surge in these stocks reflects investor expectations that the growing adoption of AI technologies will drive a surge in energy demand, potentially boosting the prospects of nuclear power producers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMR","symbol_name":"NuScale Power","start_time":0,"source_url":"","article_id":"1130713524","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130713524","pubTimestamp":1738248677,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of NuScale Power  surged 5.25% in pre-market trading on Thursday, as nuclear stocks rallied amid investor optimism over the potential demand for nuclear power to support the energy-intensive operations of artificial intelligence  data centers.The rally was fueled by concerns surrounding the impact of Chinese AI start-up DeepSeek on projected electricity demand and tech spending in the United States. 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