Surging AI Energy Demand Forecasts and Uncertainty for SMR Companies
SMR NuScale Power Corp
$5.44 +7.09%
View chart & analysis → - 1Interest in SMR companies is high due to the issue of AI computing energy requirements reaching 1,000 times current energy levels mentioned by Jensen Huang.
- 2Bank of America estimates that meaningful expansion through actual SMR implementation will only occur in the 2030s or 2040s.
- 3The investment case faces uncertainty as Oklo and NuScale recorded stock price declines of over 60% this year.
So what's the key point?
Interest in small nuclear power plants has grown because running artificial intelligence requires massive amounts of energy. However, because it will take a long time before they are actually used, the stock prices of Oklo and NuScale have fallen by more than 60 percent.
Source The Motley Fool +1 · View original ↗
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