Nuclear Boom for Big Tech and AI

🚀 New Energy for the Data Centers of the Future

Big Tech companies such as Meta, Microsoft, and Oracle are seriously considering the use of nuclear power to supply their AI-focused data centers. The growing demand for energy-intensive computing, especially for artificial intelligence, calls for stable, scalable, and environmentally friendly sources of power. In this context, nuclear energy is once again becoming a strategic direction for tech giants.

However, the United States faces a major challenge: the country is almost entirely dependent on imported uranium. This creates a strategic vulnerability, as the sustainable development of AI data centers requires a long-term guarantee of nuclear fuel supplies.

Small nuclear reactor by NuScale Power

Trump Administration’s Strategy: Reviving the Nuclear Industry

The administration is taking active steps to reduce dependence on imported uranium and stimulate domestic production. Key measures include:

• issuing four executive orders aimed at expanding uranium mining and modernizing enrichment technologies;
• plans to increase U.S. nuclear power capacity to 400 GW by 2050, which will require upgrading existing reactors and building new small modular reactors;
• reforming the NRC to speed up licensing for new projects and streamline regulatory oversight.

These actions show that the government views nuclear power as a long-term strategic asset for energy security and technological leadership.

Market Reaction: Nuclear Stocks Rise Amid Big Tech Interest

Investors are responding strongly to the news of a nuclear revival and Big Tech’s growing involvement:

• Oklo (OKLO) up 500% in 2025;
• Nano Nuclear (NNE) +65%;
• NuScale Power (SMR) +97%;
• Centrus Energy (LEU) +422%;
• Cameco (CCJ) +65%;
• Energy Fuels (UUUU) +215%;
• Uranium futures have climbed above $82 per pound.

It’s important to note that this growth is largely driven by hype and expectations of future Big Tech contracts, rather than actual increases in U.S. uranium output. Real production expansion will take several years, making the short-term uranium market volatile.

The InterXion data center in Amsterdam, also known as the Amsterdam Data Tower, was nominated for a DCD Award in 2017 as the most beautiful data center in the world

Long-Term Trend: Nuclear Energy + AI

Despite short-term fluctuations, the fundamental factors remain strong:

1. growing energy demand from AI centers requires a stable and predictable power source;
   
   
   
2. nuclear energy provides a low-carbon, scalable alternative to coal and gas power plants;
3. the U.S. national strategy focuses on boosting domestic uranium production, reducing import dependence, and advancing small modular reactor technology.

💡 Conclusion: investments in nuclear power and uranium represent a long-term bet on the future of technological infrastructure. Big Tech may become a key demand driver, while strong government support lays the groundwork for sustainable industry growth. In the short term, the market may remain volatile, but long-term fundamentals look strong.