What an amazing dip opportunity for investors of NuScale Power. The stock has seen a strong bullish run over the past three months and the stock price is finally easing after a the 350% increase in stock price. This ease represents an 18% drop in the stock’s price.
The rise in stock prices over the previous few months has been largely a result of the AI hype. The conversations about how to power the vast needs of AI systems has resulted in a shift in investment from large companies into SMR (Small Modular Reactors) companies. Microsoft, a company in the Magnificent 7, has announced a partnership with Constellation Energy in October.
This technology has captured the attention of Wall Street, benefiting Nuscale, which is the industry leader. These nuclear power plants can be utilised for electrical generation for AI applications, which is projected to continue increasing. This dip therefore proved to be a good opportunity for investors to test the waters of SMR.
drewtalksmoney 
Leave a comment