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Increased demand for AI electrical utilities has led to competition within the technology industry for nuclear power supply.
As the electrical utilities demand increases in datacenters powered by artificial intelligence, the technology industry is working to ensure stable power supply by using nuclear power stations. Reports indicate that negotiations are currently underway with the owners of approximately one-third of nuclear power plants in the USA. Amazon Web Services (AWS) is about to reach a direct power supply agreement with Constellation Energy (CEG.US), which owns the largest nuclear power plant group in the country. In March of this year, AWS acquired a nuclear-powered datacenter park in Pennsylvania. Vistra (VST.US)
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Here's How Much $1000 Invested In Vistra 5 Years Ago Would Be Worth Today
Vistra (NYSE:VST) has outperformed the market over the past 5 years by 18.37% on an annualized basis producing an average annual return of 31.3%. Currently, Vistra has a market capitalization of $30.4
VST and CEG Stocks: Tech Industry Demand Seen as a Catalyst
Trump squeezes clean energy stocks with the Supreme Court, but a few individual stocks are worth noting.
The recent ruling by Trump and the Supreme Court has seriously hit clean energy stocks, but in this storm, some companies may still be worth investing in.