If You're Still Holding NuScale, Here's 1 Catalyst That Might Make You Sell
A clear "sell" signal could arrive this year.
Overview
NuScale Power (NYSE: SMR) may soon begin construction on the world's largest small modular reactor (SMR) nuclear facility.
SMRs are essentially miniature nuclear power plants, and NuScale is -- at least for now -- the only company cleared by regulators to build an SMR system in the U.S. While typically more expensive on a per-megawatt basis than conventional nuclear power plants, SMRs can generally be built quicker with lower upfront costs. And because they are modular, meaning they can be scaled up to increase energy generation capacity in the future.
Details
All of these advantages are attractive to artificial intelligence (AI) companies, which need more power fast.
Source
Originally published at www.fool.com.
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