Yahoo Finance’s Jake Conley reports:
Nuclear energy represents a $10 trillion potential market opportunity that could hold “the answer to the world’s power shortages,” according to a new report from Bank of America.
Rising demand, combined with strong support from the Trump administration and a public narrative turning positive after years of a dour outlook on the sector, has given a share price boost to companies operating throughout the nuclear sector supply chain in 2025.
“In many ways,” Bank of America analysts wrote, “nuclear energy has been ‘rediscovered’ amid surging electricity demand ignited by the rise of AI/data centers, building electrification, industrial growth, and EVs.”
According to Bank of America, the answer to meeting this demand amid a “rediscovery” of nuclear’s potential benefits may lie in what the bank calls “one of the most consequential energy technologies for the next 25 years”: small modular reactors, or SMRs. …
Shares in [providers] NuScale (SMR) and Oklo (OKLO) are up more than 100% and more than 350% since the beginning of the year, respectively.