Data Centers to Power Nuclear Energy and Uranium ETFs
From Nasdaq: 2025-06-05 13:30:00
- Tech giants are turning to nuclear power to fuel energy-intensive data centers for AI applications, boosting uranium demand.
- Trump’s executive orders support nuclear energy growth, aiming to quadruple U.S. nuclear capacity by 2050.
- Small modular reactors (SMRs) spark bullish uranium demand, addressing cost concerns and project delays.
- Uranium prices could rise due to AI data center deals, nuclear energy investment, and supply constraints.
- Consider uranium ETFs like URA, NLR, URNJ, URAN, and NUKZ to capitalize on the uranium market’s potential.
Read more at Nasdaq: Data Centers to Power Nuclear Energy and Uranium ETFs