Stocks and Investing
Stocks and Investing
Mon, December 9, 2024
[ 03:01 PM ] - The Globe and Mail
[ 02:41 PM ] - The Globe and Mail
[ 02:01 PM ] - MSN
[ 01:41 PM ] - Business Insider
[ 12:21 PM ] - U.S. News & World Report
[ 12:01 PM ] - 24/7 Wall St
[ 11:21 AM ] - 24/7 Wall St
[ 11:01 AM ] - Business Insider
[ 10:41 AM ] - MSN
[ 10:21 AM ] - The Globe and Mail
[ 09:41 AM ] - El PaÃs in English
[ 09:21 AM ] - MarketWatch
[ 09:21 AM ] - The Globe and Mail
[ 09:03 AM ] - MSN
2 Nuclear Stocks Powering Big Tech's Data Center Revolution
- Investors may have thought that the technology sector's wave of excitement and innovation would stop at the semiconductor industry as a support lever for artificial intelligence, but that's far from the truth.
The article from MSN discusses how the expansion of data centers, driven by Big Tech companies like Amazon, Google, and Microsoft, is significantly increasing the demand for electricity. This surge in power needs is fueling growth in the nuclear energy sector, particularly benefiting companies like Constellation Energy and Vistra. Constellation Energy, the largest producer of carbon-free energy in the U.S., has seen its stock rise by 80% over the past year due to its nuclear power generation capabilities, which are crucial for providing the reliable, 24/7 power that data centers require. Similarly, Vistra, which operates a mix of nuclear and natural gas plants, has also experienced a stock increase of about 200% over the same period. The article highlights that nuclear power's ability to deliver consistent, high-capacity energy without the intermittency issues of renewable sources like wind or solar makes it an attractive option for tech giants looking to power their data centers efficiently and sustainably.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/2-nuclear-stocks-powering-big-tech-s-data-center-revolution/ar-AA1vx9R0 ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/2-nuclear-stocks-powering-big-tech-s-data-center-revolution/ar-AA1vx9R0 ]
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