Reported 13 days ago
Microsoft has made a significant move to secure its energy needs by signing a 20-year agreement to purchase nuclear power from Constellation Energy. This deal, described as Constellation's largest, aims to support the rising energy demands of AI and data centers projected to surge by 160% by 2030. Analysts have responded positively, raising Constellation's stock price targets significantly, highlighting the growing importance of clean energy sources like nuclear to tech companies.
Source: YAHOO