NuScale Power Corp. (NYSE:SMR) surged 15.10% on Friday to $16.31 per share, breaking a four-day losing streak as investors bet on nuclear energy stocks amidst the US government’s push for a “nuclear renaissance” in 2026. The company rallied alongside the industry after an executive order in May called for the rapid deployment of advanced nuclear reactor technologies across the US, including military installations and Department of Energy facilities by September 30, 2028. NuScale Power Corp. (NYSE:SMR) recently sought approval to increase its authorized capital stock to 662 million shares, up from the current 332 million shares. While the company shows promise, some believe that investing in certain AI stocks may offer higher returns with limited downside risk. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: NuScale Power (SMR) Soars 15% on 2026 Nuclear Renaissance