Uranium stocks like Centrus Energy Corp. and Uranium Energy Corp. have surged over 150% in the past year due to the growing demand for nuclear energy to support AI technology. With the U.S. aiming to quadruple nuclear energy capacity by 2050, uranium stocks are seen as the next gold and silver trade.

The AI age is driving a 25% increase in U.S. electricity demand by 2030 and up to 100% growth by 2050. Companies like Meta and Microsoft are securing long-term power agreements with nuclear energy firms due to nuclear power’s reliability and carbon-free nature.

Centrus Energy Corp., a nuclear fuel supplier, has seen impressive earnings growth and is leading the charge to restore domestic uranium enrichment capabilities. Meanwhile, Uranium Energy Corp. is focused on low-cost uranium mining and is positioned to benefit from the U.S. nuclear revival and growing demand for nuclear power.

One semiconductor stock is poised to capitalize on the demand for data centers, offering unique products that competitors like NVIDIA don’t provide. This under-the-radar chipmaker is entering the spotlight and could be the next big player in the semiconductor market.

Read more at Nasdaq: Zacks Investment Ideas feature highlights: Meta, Centrus Energy, Microsoft and Uranium Energy