AI Needs Power. A Lot of Power. Nuclear Is the Only Answer.
A single ChatGPT query uses 10x more electricity than a Google search. An AI training run for a frontier model uses as much power as 100 homes for a year. The AI revolution has an energy problem, and nuclear is the only technology that can solve it at scale.
Microsoft signed a deal to restart Three Mile Island (yes, THAT Three Mile Island) to power its AI data centers. Amazon bought a nuclear-powered data center campus. Google signed the first-ever corporate deal for small modular reactors.
This isn''t 1970s anti-nuclear sentiment anymore. The biggest tech companies on Earth are betting their AI future on nuclear power.
The Stocks
- Cameco (CCJ): The world''s largest publicly traded uranium producer. Up 120% since 2023. If nuclear demand increases, Cameco is the picks-and-shovels play.
- Constellation Energy (CEG): Owns the largest nuclear fleet in the US. The Three Mile Island restart deal with Microsoft is transformative. Revenue locked in for 20 years.
- NuScale Power (SMR): Leading small modular reactor (SMR) company. First NRC-approved SMR design. High risk but massive upside if SMRs become the standard for data center power.
- Uranium ETF (URA): Broad exposure to uranium miners and nuclear technology companies.
The Bull Case
Global electricity demand from AI data centers is projected to increase 160% by 2030. Solar and wind can''t provide 24/7 baseload power. Natural gas emits carbon. Nuclear is the only zero-carbon, 24/7, scalable power source that exists today.
The nuclear renaissance isn''t coming. It''s here.
