Investing in nuclear energy stocks for AI-powered data center growth is recommended

From Nasdaq: 2025-01-24 14:00:00

President Donald Trump announced a new AI joint venture called “Stargate” with OpenAI, Oracle Corp., and Softbank, involving an initial investment of $100 billion. The nuclear energy sector is thriving due to the energy demands of AI, making stocks like CEG, BWXT, D, TLN, and PCG attractive investments. Microsoft plans to invest $80 billion in AI-enabled data centers by 2025. Bloomberg Intelligence estimates a significant increase in generative AI spending by 2032. The expansion of AI-driven data centers is projected to significantly increase U.S. electric power demand. The 5 nuclear energy stocks to consider for 2025 include Constellation Energy Corp., BWX Technologies Inc., Dominion Energy Inc., Talen Energy Corp., and PG&E Corp. These companies have strong potential and are expected to experience growth in revenue and earnings. Dominion Energy aims to achieve net-zero carbon and methane emissions by 2050 and has signed agreements with Amazon to explore Small Modular Reactor (SMR) nuclear development. Talen Energy is an independent power producer with a focus on nuclear, fossil, solar, and coal power plants. Microsoft’s partnership with CEG to revive the Three Mile Island nuclear plant in Pennsylvania aims to provide carbon-free electricity for data centers. BWX Technologies manufactures nuclear components and has partnerships with the U.S. Department of Defense and commercial nuclear energy companies for cutting-edge projects. The AI and semiconductor industry are projected to experience significant growth, with a global semiconductor manufacturing increase from $452 billion in 2021 to $803 billion by 2028. An emerging chip stock is positioned to capitalize on the demand for AI, Machine Learning, and Internet of Things technologies.



Read more at Nasdaq: Buy 5 Nuclear Energy Stocks to Tap Huge AI-Powered Data Center Growth