NuScale Power (SMR) Company Overview

Hyperscalers like Amazon, Microsoft, Google, and Meta are heavily investing in SMRs for AI data centers. I believe this broader trend is sustaining NuScale's recent momentum. NuScale, the only public company with US NRC design certification for SMRs, has the potential to become the go-to SMR developer for AI data center power. I'm seeing strong retail optimism in options markets, with price action showing resilience. This suggests short-term upside potential despite the recent selloff.

When it comes to the market's language, few indicators are as powerful as price action to help retail investors understand what is happening underneath the hood of the broader themes in financial markets and industries within the United States economy. With this in mind, investors can connect price action to fundamental themes to ensure their potential investment ideas are closer to the top tier.

Nuclear energy is safer, cheaper, and more efficient, plentiful, and reliable than any other source of energy.

Breakthroughs in machine learning and artificial intelligence (AI) are transforming industries and redefining what is possible. However, this technological advancement comes with a challenge: soaring energy demands from data centers.

Shares of NuScale Power (SMR 12.92%) are flying today. The stock is up 12.7% as of 1:45 p.m.

At the end of 2023, it was readily apparent that bears had been a lot more energized with clicking the sell button on NuScale Power (SMR -6.61%) stock than bulls were interested in energizing their portfolios with it: Shares plunged 68% in 2023. But in 2024, the market took note of NuScale Power's potential as a nuclear power solution for data centers struggling to keep up with the extraordinary power demands that artificial intelligence (AI) computing placed on them.

Shares of NuScale Power Corporation (SMR 13.48%) fell 39.5% in December, according to data from S&P Global Market Intelligence. The small modular nuclear reactor (SMR) start-up pulled back last month after a monster run for most of 2024, likely due to a broad pullback for growth and artificial intelligence (AI) stocks in the month.

NuScale Power (SMR 3.85%) has been a divisive stock ever since it went public by merging with a special purpose acquisition company in May 2022. The bulls were initially impressed by the disruptive potential of its small modular reactors (SMRs), which can be deployed in areas that aren't well-suited for traditional nuclear reactors.

CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024.