Nuclear AI is one of the hottest topics at the moment. This comes at a point where AI is becoming increasingly intrgrated into all industries. The trend is now accounting for 1.5% of global energy use, and this power demand is projected to increase by around 500% by 2060. Nuclear energy is therefore crucial to meet these growing needs.
Nuscale Power is currently developing modular reactors that are easier to build and operate. If this becomes approved, it will solve one of the biggest safety issues around nuclear energy and revolutionise the energy scene.
Shares of Nuscale Power have dropped to a critical price level of $25 after reaching a high of $32 a month earlier as it begins experiencing a short term correction. This fluctuation between the 20 day moving average will result in increased investor activity, and the stock will return to previous highs as investors begin to buy the dip.
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