Reported 15 days ago
Nuclear energy stocks have gained traction this year as tech giants like Amazon and Microsoft seek ways to meet rising energy demands driven by the AI boom. However, a recent regulatory decision by the Federal Energy Regulatory Commission to reject Talen Energy's request to increase power supply has caused turmoil among these stocks. While this setback raises concerns for investors, industry experts believe that nuclear remains a viable solution for the growing energy requirements, especially with innovations like small modular reactors on the horizon.
Source: YAHOO