The U.S. Just Put $17.5 Billion Behind a Nuclear Comeback. These Stocks Could Benefit.
Surging data center power demand has the government getting involved.
The U.S. Just Put $17.5 Billion Behind a Nuclear Comeback. These Stocks Could Benefit.
Overview
The Department of Energy is putting significant money behind a nuclear comeback. The agency unveiled up to $17.5 billion in conditional loan commitments to help utilities buy long-lead components for new reactors using Westinghouse's AP1000 technology, with the program explicitly tied to data center electricity demand. The move is arguably the clearest signal yet that the federal government views advanced nuclear as part of the answer to the AI build-out's power problem.
The specific utilities that will draw on the program have not been named. But the structure of the loans -- long-lead components for Westinghouse's AP1000 reactors -- points to a narrow set of likely beneficiaries.
Details
Here are three nuclear-exposed stocks worth watching.
Source
Originally published at www.fool.com.
